Bill > HB1121

This bill establishes a new permanent trailer registration option in Colorado that allows trailer owners to register their trailers (specifically Class B or Class D personal property trailers) with a single registration that remains valid until the trailer is transferred to a new owner. Under this new provision, trailer owners must prepay two years of annual specific ownership tax and pay a $55.82 registration fee. The registration comes with a permanent license plate but no validation sticker, and owners are required to notify the Department of Motor Vehicles when the trailer is transferred. The bill also specifies how the registration fee will be distributed across various state funds, including the Highway Users Tax Fund, License Plate Cash Fund, and Statewide Bridge and Tunnel Enterprise Special Revenue Fund. The new registration system is intended to provide a more convenient and potentially cost-effective registration option for trailer owners, with the registration remaining valid until the trailer changes hands. The bill is set to take effect on July 1, 2027, and will apply to registrations made on or after January 1, 2028.

Budget and Finance

https://leg.colorado.gov/bills/hb25-1121