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Committee hears bill to raise truck registration quarterly-pay threshold to $300 and remove two-quarter grace period
Summary
A Department of Revenue bill, heard by the Senate Transportation Committee, would raise the minimum registration fee required to use quarterly payments for certain trucks from $100 to $300 and remove a two-quarter grace period so that quarterly payments become delinquent after a missed quarter; no vote was recorded at the hearing.
The Senate Transportation Committee heard testimony on House Bill 2122, a Department of Revenue measure that would raise the minimum registration fee required to request quarterly payments for certain trucks and truck tractors from $100 to $300 and remove a statutory two-quarter grace period.
The bill would also make quarterly payments delinquent after a missed quarterly payment rather than after missing two payments in a registration year. If a quarterly payment becomes delinquent under the bill, penalties listed in current law would apply, including payment of the full registration fees plus a 10% penalty, denial…
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