HB 22-1004

House Bill 22-1004, also known as the Driver License Fee Reduction bill, allocates $3.9 million from Colorado’s general fund to support the DRIVES vehicle services account. This funding helps maintain current driver license fees without increasing them and ensures that the fund remains solvent. The bill has been signed into law, meaning it is now in effect and will provide financial support for maintaining driver license fees at their current level.

Official Summary

The act requires the state treasurer to transfer $3,900,000 from the general fund to the Colorado DRIVES vehicle services account in the highway users tax fund. This transfer allows the department to maintain the current driver license fee while supporting the solvency of the fund. (Note: This summary applies to this bill as enacted.)

Votes