Posted: | March 22, 2023 02:37 PM |
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From: | Representative Brian Smith and Rep. Mike Armanini |
To: | All House members |
Subject: | Reduced Vehicle Registration for Retired Individuals |
In the very near future, we will be introducing legislation to increase the maximum income for a retired person to receive a reduced $10 vehicle registration. Under current law, a person who is retired and receiving social security or any other pension and whose total annual income does not exceed $19,200 may register their vehicle at a reduced $10 fee. Unfortunately, the maximum annual income has not been increased since 1998, which is why our legislation would increase this amount to $29,906. This increase would be consistent with the rate of inflation that has occurred since 1998. Furthermore, this legislation would allow this new maximum annual income amount to be adjusted annually according to the CPI-U. We hope you will join us in cosponsoring this important legislation. |
Introduced as HB879