Capital letters indicate new material to be added to existing statute.
Dashes through the words indicate deletions from existing statute.

SENATE BILL 97­198

BY SENATOR Congrove;

also REPRESENTATIVES Tucker, Reeser, and Schwarz.

CONCERNING FULL­USE DEALER LICENSE PLATES, AND, IN CONNECTION THEREWITH, MODIFYING THE REQUIREMENTS FOR OBTAINING FULL­USE DEALER PLATES, AND REQUIRING THE FEE FOR SUCH PLATES TO BE PRO­RATED ON A MONTHLY BASIS.

Be it enacted by the General Assembly of the State of Colorado:

SECTION 1.  42­3­127 (6) (b) (II), Colorado Revised Statutes, 1993 Repl. Vol., as amended, is amended to read:

42­3­127.  Manufacturers or dealers. (6) (b) (II)  The annual fee for full­use dealer plates shall be established and adjusted annually by the department based on the average of specific ownership taxes and registration fees paid for passenger vehicles and light duty trucks that are seven model years old or newer and that were registered during the one­year period preceding January 1 of each year. SUCH ANNUAL FEE SHALL BE PRO­RATED ON A MONTHLY BASIS. THE ANNUAL FEE FOR FULL­USE DEALER PLATES FOR MOTORCYCLES SHALL BE ESTABLISHED AND ADJUSTED ANNUALLY BY THE DEPARTMENT BASED ON THE AVERAGE OF SPECIFIC OWNERSHIP TAXES AND REGISTRATION FEES PAID FOR MOTORCYCLES THAT ARE SEVEN MODEL YEARS OLD OR NEWER AND THAT WERE REGISTERED DURING THE ONE­YEAR PERIOD PRECEDING JANUARY 1 OF EACH YEAR. SUCH ANNUAL FEE FOR MOTORCYCLES SHALL BE PRO­RATED ON A MONTHLY BASIS.

SECTION 2.  Effective date ­ applicability. (1)  This act shall take effect at 12:01 a.m. on the day following the expiration of the ninety­day period after final adjournment of the general assembly that is allowed for submitting a referendum petition pursuant to article V, section 1 (3) of the state constitution; except that, if a referendum petition is filed against this act or an item, section, or part of this act within such period, then the act, item, section, or part, if approved by the people, shall take effect on the date of the official declaration of the vote thereon by proclamation of the governor.

(2)  The provisions of this act shall apply to applications received on or after the applicable effective date of this act.




____________________________ ____________________________

Tom Norton Charles E. Berry

PRESIDENT OF SPEAKER OF THE HOUSE

THE SENATE OF REPRESENTATIVES





____________________________ ____________________________

Joan M. Albi Judith M. Rodrigue

SECRETARY OF CHIEF CLERK OF THE HOUSE

THE SENATE OF REPRESENTATIVES



APPROVED________________________________________




_________________________________________

Roy Romer

GOVERNOR OF THE STATE OF COLORADO