So imagine a $30K new vehicle, that would $18 x 30 for a registration cost of $540. Year Two would be $15 x 30 for a registration cost of $450.
A two year registration cost to hold harmless the local municipality would equate to $990.
While cutting the DMV portion is relatively easy. The Legislature just has to choose to do so; the municipal portion is an offset to real estate property taxes under other income in the budgets.
I think that creates anxiety of change within the Legislature.
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