H97 - 2015 Appropriations Act, Sec. 29.30: Increase and Adjust Division of Motor Vehicles Fees (SL 2015-241)

Session Year 2015

Overview: Sec. 29.30 of S.L. 2015-241, as amended by Sec. 8.2 of S.L. 2015-268, does the following:

  • Effective October 1, 2015, eliminates the transfer of funds from the Highway Fund to the General Fund for the operating expenses of the Bowles Center for Alcohol Studies at the University of North Carolina at Chapel Hill.
  • Effective January 1, 2016, increases the amount of certain fees charged by the Division of Motor Vehicles (DMV) by an average of 30%.
  • Establishes a tiered late fee for persons who pay their motor vehicle registration fee late. This provision becomes effective July 1, 2016, applies to renewal motor vehicle registrations on or after that date, and expires December 31, 2017.
  • Effective July 1, 2020, establishes an automatic quadrennial adjustment of certain fees charged by DMV that is based on inflation, as computed by the Bureau of Labor Statistics.

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