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--- version:Introduced+++ version:(document, no version)@@ -1,52 +1,55 @@-2026 STATE OF WYOMING 26LSO-0065+Vehicle registration fees-amendments. 26LSO-0065, 1.0- 1 HB0030+ HB0030+FISCAL NOTE-HOUSE BILL NO. HB0030+ FY 2027 FY 2028 FY 2029+NON-ADMINISTRATIVE IMPACT+Anticipated Revenue (decrease)+PUBLIC SCHOOL FOUNDATION PROGRAM+ACCOUNT+($35,700,000) ($37,300,000) ($40,200,000)+COUNTY REGISTRATION FEES ($26,600,000) ($27,700,000) ($29,800,000)-Vehicle registration fees-amendments.+Source of revenue (decrease):-Sponsored by: Representative(s) Riggins, Brown, G,-Guggenmos, Lien, Schmid and Wasserburger+This bill decreases the county vehicle registration fees. Current law multiplies a+percentage of a vehicle’s factory price plus special equipment value for certain+years of service by three percent. The percentage multiplied to a vehicle’s factory+price plus special equipment value decreases according to the years of vehicle+service until the sixth year, after which the percentage remains constant at 15+percent. This bill decreases the percentage by one-third, from 15 percent to 10+percent, for a vehicle in its 7th year of service, and by two-thirds, from 15 percent+to 5 percent, for a vehicle in its 8 th year of service, or later. The estimated+decrease in county vehicle registration fees to counties and local entities, and+the Public School Foundation Program Account (SFP), including school districts, are+provided in the above table. Vehicle registration fees are distributed to counties,+local entities, school districts, and the SFP in the same manner as property tax+revenues.-A BILL+The SFP will experience a revenue decrease from the county vehicle registration+fees supporting K-12 public education. For purposes of this analysis, the decrease+in county vehicle registration fee revenues to the SFP is shown as an absolute+revenue decrease in lieu of estimating separate impacts for the SFP revenue decrease+in the form of school district recapture payments and the SFP expenditure increase+in the form of school district entitlement payments.-for+Assumptions:-1 AN ACT relating to motor vehicles; amending the formula to-2 calculate county vehicle registration fees for specified-3 vehicles; and providing for an effective date.-4-5 Be It Enacted by the Legislature of the State of Wyoming:-6-7 Section 1. W.S. 31-3-101(a)(i)(F) and by creating new-8 subparagraphs (G) and (H) is amended to read:-9-10 31-3-101. Registration fees; exemptions.-11-12 (a) Except as otherwise provided, the following fees-13 shall accompany each application for the registration of a-14 vehicle:-15-2026 STATE OF WYOMING 26LSO-0065+Based on fiscal year (FY 2025) county vehicle registration fees totaling+$193,244,251, the total reduction in county vehicle registration fees is estimated+to be $62,300,000 in FY 2027, $65,000,000 in FY 2028, $70,000,000 in FY 2029. Using+the FY 2025 collections and distributions, the reduction in vehicle registration+fees for FY 2026, FY 2027, and FY 2028 are estimated to be split as follows: 57.4+percent of the reduction appears as a revenue decrease to the SFP, which is inclusive+of the amounts to school districts ($35,700,000, $37,300,000, and $40,200,000 in+FY 2027, FY 2028, and FY 2029, respectively), and 42.6 percent of the reduction+appears as a revenue decrease to counties and local entities ($26,600,000,+$27,700,000, and $29,800,000 in FY 2027, FY 2028, and FY 2029, respectively).- 2 HB0030+This bill may require the Legislature to appropriate additional funds from the SFP+for increased entitlement payments to ensure sufficient funding is available to+offset the reduction in revenue generated by the county vehicle registration fees.-1 (i) A county registration fee computed as-2 follows, or five dollars ($5.00), whichever is greater:-3-4 (F) 3% of 15% of the factory price plus-5 special equipment value for a vehicle in its sixth year of-6 service; and thereafter.-7-8 (G) 3% of 10% of the factory price plus-9 special equipment value for a vehicle in its seventh year-10 of service;-11-12 (H) 3% of 5% of the factory price plus-13 special equipment value for a vehicle in its eighth year of-14 service and thereafter.-15-16 Section 2. This act is effective July 1, 2026.-17-18 (END)+Prepared by: Enee Crosslin, LSO Phone: 777-7881+(Information provided by Rodney Freier, Department of Transportation, 777-4174)
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