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2018 Session

Budget Amendments - SB30 (Floor Approved)

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Motor Vehicle Title Fee Increase

Item 439 #2h

Item 439 #2h

First Year - FY2019 Second Year - FY2020
Transportation
Department of Motor Vehicles FY2019 $26,000,000 FY2020 $26,000,000 NGF

Language
Page 385, line 43, strike "$201,197,223" and insert "$227,197,223".
Page 385, line 43, strike "$198,657,741" and insert "$224,657,741".

Page 386, line 46, strike "$10" and insert "$20".

Page 386, line 46, strike "replacement and supplemental".



Explanation

(This amendment would adjust the fee on all motor vehicle titles to partially offset the impact of inflation. The title fee was originally set at $10.00 in 1982. This is anticipated to generate approximately $26.0 million in nongeneral fund resources for the department each year. Neighbor jurisdiction title fees average $33.93. In Maryland the charge is $100.00, in North Carolina it is $52.00 for a mailed copy and $98.00 for instant service, and in the District of Columbia it is $26.00.)