SENATE
                       3rd Reading Unamended
       February 19, 2015      SENATE
                       2nd Reading Unamended
                     February 18, 2015First Regular Session
               Seventieth General Assembly
                    STATE OF COLORADO
                                                REENGROSSED
                       This Version Includes All Amendments
                       Adopted in the House of Introduction
 LLS NO. 15-0265.01 Jason Gelender x4330 SENATE BILL 15-018
                   SENATE SPONSORSHIP
 Neville T., 
 
                    HOUSE SPONSORSHIP
 Neville P., 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Senate Committees
 House Committees
 
 
 Transportation
 
 
 
 Finance
 
 
 
 Appropriations
 
 
 
 
 
 
 
 
 
 
                         A BILL FOR AN ACT
       Concerning the repeal of the late vehicle registration fee.
       
       
                           Bill Summary
       
            (Note:  This summary applies to this bill as introduced and does
       not reflect any amendments that may be subsequently adopted. If this bill
       passes third reading in the house of introduction, a bill summary that
       applies to the reengrossed version of this bill will be available at
       http://www.leg.state.co.us/billsummaries.)
       
            Under current law, if the owner of a motor vehicle fails to register
       the vehicle when required, the owner must, upon registering the vehicle
       and subject to a $100 cap, pay a late fee of $25 for each month or portion
       of a month for which the registration was late. The bill repeals the late
       fee.
       
       
       
       Be it enacted by the General Assembly of the State of Colorado:
            SECTION 1.  In Colorado Revised Statutes, repeal 42-3-112.
            SECTION 2.  In Colorado Revised Statutes, 43-4-804, amend (1)
       (e) as follows:
            43-4-804.  Highway safety projects - surcharges and fees -
       crediting of moneys to highway users tax fund - definition - repeal.
       (1)  On and after July 1, 2009, the following surcharges, fees, and fines
       shall be collected and credited to the highway users tax fund created in
       section 43-4-201 (1) (a) and allocated to the state highway fund, counties,
       and municipalities as specified in section 43-4-205 (6.3):
            (e) (I)  Late registration fees required to be credited to the highway
       users tax fund pursuant to section 42-3-112 (2), C.R.S., as that section
       existed before January 1, 2016.
            (II)  This paragraph (e) is repealed, effective January 1,
       2017.
            SECTION 3.  Act subject to petition - effective date -
       applicability. (1)  This act takes effect January 1, 2016; except that, if a
       referendum petition is filed pursuant to section 1 (3) of article V of the
       state constitution against this act or an item, section, or part of this act
       within the ninety-day period after final adjournment of the general
       assembly, then the act, item, section, or part will not take effect unless
       approved by the people at the general election to be held in November
       2016 and, in such case, will take effect on the date of the official
       declaration of the vote thereon by the governor.
            (2)  This act applies to late vehicle fees which, but for this act,
       would accrue on or after the applicable effective date of this act.