2003 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Reynolds
Jamestown Vehicle Registration Fee (language only)

Item 480 #14s

Item 480 #14s

Motor Vehicles, Department of

Page 450, after line 7 insert:
"F.  For those owners of vehicles subject to the registration provisions of subdivisions A 1 through A 12 of § 46.2-694,
Code of Virginia, and who in Fiscal Year 2003 paid the additional two-dollar charge designated for the 400th anniversary of the Jamestown Settlement in 2007 shall be permitted to claim a two-dollar reduction when next renewing the registration of these same vehicles in Fiscal Year 2004."

(This amendment permits vehicle owners who paid the additional two-dollar registration charge in FY 2003 for the Jamestown 400th Anniversary to deduct two-dollars from the total registration fee owed on these same vehicles in FY 2004. DMV estimates that the two-dollar fee could generate an estimated $3.5 million to $4.5 million in FY 2003.)