Vehicle registration fees-depreciation period.

2017
STATE OF WYOMING
17LSO-0379
Introduced
1.2

SENATE FILE

NO.

SF0074

Vehicle registration fees-depreciation period.

Sponsored by:
Senator(s) Anderson and Representative(s) Walters

A BILL

for

AN ACT relating to motor vehicles; extending the depreciation period applicable to specified motor vehicle registration fees; reducing registration fees accordingly; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 31
‑
3
‑
101(
a)(i)(F) and by creating new subparagraphs (G) and (H) is amended to read:

31
‑
3
‑
101
.

Registration fees; exemptions.

(a)

Except as otherwise provided, the following fees shall accompany each application for the registration of a vehicle:

(i)

A county registration fee computed as follows, or five dollars ($5.00), whichever is greater:

(F)

Except as provided in subparagraphs (G) and (H) of this paragraph,
3% of 15% of the factory price plus special equipment value for a vehicle in its sixth year of service and thereafter
;
.

(G)

For vehicles with a factory price plus special equipment value greater than seventy
‑
five thousand dollars ($75,000.00), 3% of 10% of the factory price plus special equipment value for the vehicle in each of its eleventh through fifteenth years of service;

(H)

For vehicles with a factory price plus special equipment value greater than seventy
‑
five thousand dollars ($75,000.00), 3% of 5% of the factory price plus
special equipment value for the vehicle in its sixteenth year of service and thereafter.

Section 2
.

This act shall apply to all applications for the registration of a vehicle submitted on and after July 1, 2017.

Section
3
.

This
act is effective July 1,
201
7
.

(END)

1
SF0074