2018 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Ingram
DMV Authorized to Eliminate Multiyear and Online Discounts

Item 439 #5h

Item 439 #5h

First Year - FY2019 Second Year - FY2020
Department of Motor Vehicles FY2019 $5,000,000 FY2020 $5,000,000 NGF

Page 385, line 43, strike "$201,197,223" and insert "$206,197,223".
Page 385, line 43, strike "$198,657,741" and insert "$203,657,741".

Page 387, after line 48, insert:

"P. Notwithstanding § 46.2-214.3, Code of Virginia, the Commissioner of the Department of Motor Vehicles may end or modify discounts for multiyear or online registrations.  The annual savings from such action shall be retained by the agency and used to meet the expenses of the department."


(This amendment would authorize the DMV to eliminate the provision of discounts for multi-year and/or online motor vehicle registrations. Eliminating both types of discounts is estimated to generate an additional $5.0 million in nongeneral fund revenue for the department each year.)