GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1993

S	1 

SENATE BILL 1634

Short Title:  Reduce Title Issuance Fee.	(Public)
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Sponsors: Senators Kincaid, Blackmon, Cochrane, Simpson; and Carpenter.
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Referred to:  Finance.
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June 1, 1994

A BILL TO BE ENTITLED
AN ACT TO REDUCE THE FEE FOR THE ISSUANCE OF A MOTOR VEHICLE TITLE.
The General Assembly of North Carolina enacts:
Section 1.  G.S. 20-85 reads as rewritten:
"§ 20-85.  Schedule of fees.
	(a)	The following fees are imposed concerning a certificate of title, a registration card, or a registration plate for a motor vehicle.  These fees are payable to the Division and are in addition to the tax imposed by Article 5A of Chapter 105 of the General Statutes.
(1)	Each application for certificate of title		$20.00
(2)	Each application for duplicate
or corrected certificate of title	10.00
(3)	Each application of repossessor for
certificate of title	10.00
(4)	Each transfer of registration	10.00
(5)	Each set of replacement registration plates	10.00
(6)	Each application for duplicate registration card	10.00
(7)	Each application for recording supplementary lien	10.00
(8)	Each application for removing a lien from a
certificate of title	10.00
(9)	Each application for certificate of title for a
motor vehicle transferred to a manufacturer,
as defined in G.S. 20-286, or a motor vehicle
retailer for the purpose of resale	10.00.
(b)	Sixteen dollars and fifty cents ($16.50) of each title fee collected under subdivision (a)(1) of this section and all of the fees collected under the other subdivisions in subsection (a) shall be credited to the North Carolina Highway Trust Fund; the remaining three dollars and fifty cents ($3.50) of the title fee collected under subdivision (a)(1) shall be credited to the Highway Fund.  Fifteen dollars ($15.00) of each title fee credited to the Trust Fund under subdivision (a)(1) shall be added to the amount allocated for secondary roads under G.S. 136-176 and used in accordance with G.S. 136-44.5."
Sec. 2.  This act becomes effective July 1, 1994.