Bill > SB5970

This bill, known as the "bring back our $30 car tabs act", aims to limit state and local taxes, fees, and other charges relating to vehicles. The key provisions of this bill are: 1. Limiting annual motor vehicle license fees to $30, except for voter-approved charges. 2. Repealing and removing the authority to impose certain vehicle taxes and charges, such as the motor vehicle weight fee and the passenger-only ferry service local option motor vehicle excise tax. 3. Basing vehicle taxes on the Kelley Blue Book value of the vehicle, ensuring an honest and accurate calculation of the tax burden. 4. Requiring a regional transit authority that imposes a motor vehicle excise tax to fully retire, defease, or refinance any outstanding bonds if the revenue from the tax has been pledged to those bonds. 5. Providing effective dates for the various sections of the bill, with some taking effect immediately and others on July 1, 2022 or upon the retirement of outstanding bonds by the regional transit authority. This bill is intended to address the issue of increasing vehicle costs and taxes, which voters have repeatedly sought to limit through initiatives, but have been ignored by politicians.

Transportation and Infrastructure

https://app.leg.wa.gov/billsummary?BillNumber=5970&Year=2021&Initiative=false