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Lawmakers Look To Reduce Vehicle Registration Fees
October 7, 2013
Florida Senate leaders are quickly trying to revive a plan to reduce vehicle-registration fees, with the Senate Transportation Committee scheduled to take it up Wednesday. Appropriations Chairman Joe Negron, R-Stuart, has said the proposal (SB 156), which would roll back fee increases approved in 2009 to help close a budget shortfall, could save vehicle owners about $230 million.
Senators pushed the fee reductions during the 2013 session, but the proposal died — at least in part because it would have been funded by eliminating a tax break that benefits the politically influential insurance industry. The new bill does not include the insurance-tax issue.
Negron hopes Gov. Rick Scott will include the vehicle-fee reductions in a package of $500 million in tax and fee cuts that would be considered during the 2014 session.
Comments
4 Responses to “Lawmakers Look To Reduce Vehicle Registration Fees”
If this isn’t funded by eliminating the tax break to the insurance industry, how IS it paid for? This kind of borrow and spend thinking turned surpluses into deficits over the last decade and a half.
Would be nice to reduce the drivers license cost too.
The insurance companies are already raking in fist fulls of money…why do they need a tax break?
`Call it a “fee” if you want, but it is really a tax. I don’t go out of my way to complain about many taxes that I think are just part of the cost in having a civil society, but they definitely need to reduce the amount of this fee/tax.