SB 18-078

Senate Bill 18-078, which has been signed into law, exempts vehicles that are 30 years old or older from certain registration fees and surcharges. This means that owners of these classic cars won't have to pay the road safety surcharge or an additional age-based fee when they register their vehicle. The bill affects car owners who keep and drive older vehicles as a hobby or for other purposes, providing them with financial relief during registration. Since it has been signed, this law is now in effect and benefits those who own vintage cars.

Official Summary

Under current law: An additional vehicle-age-based motor vehicle registration fee is imposed at the time of registration on passenger cars and certain other types of motor vehicles that are required to be registered; and A road safety surcharge is imposed at the time of registration, subject to limited exceptions, on each vehicle that is required to be registered. For registration periods commencing on or after July 1, 2018, the bill exempts any vehicle that is 30 years old or older from both the road safety surcharge and the additional vehicle-age-based motor vehicle registration fee. (Note: This summary applies to this bill as introduced.) , Read More