Bill > A2245

Introduced Session

This bill provides for the refund of a portion of the registration fee of a motor vehicle if it is sold or transferred to a new owner or destroyed prior to the expiration of the registration. Current law permits owners to transfer portions of unexpired registrations to other motor vehicles, but does not provide for any refund of registration fees. Under the provisions of the bill, the owners of passenger automobiles and noncommercial trucks would be entitled to a percentage refund of the registration fee paid for those vehicles if they are sold or destroyed before the expiration of their registration terms. The percentage refund is to be calculated on a yearly basis. The bill specifies that no owner will be entitled to a refund of any portion of an unexpired registration of less than one year.

AI Summary

Committee Categories

Jay Webber (R)*, 

Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 02/01/2018)