In accordance with 29
Del. C. §913, the following information is provided relating to Transportation
Trust Fund, including the adjustment of fees.
Description
of the Legislation
This Bill increases several revenue sources
for the Transportation Trust Fund.
Affected
Entities
The residents of the State of Delaware.
Fiscal
Impact Estimate
The Department of Transportation estimates
that the fee increases will result in $23,900,000.00 additional revenue per
year. The effective date for these
increases is generally October 1, 2015 to allow for computer programming and
effective implementation.
The motor vehicle document fee is increased
from 3.75% to 4.25%. The fee for late
renewal of a driver’s license is increased from $1.15 to $10.00, and the fee
for late renewal of vehicle registration is increased from $10.00 to
$20.00. The fees for reinstatement of a
suspended or revoked driver’s license are increased from $25.00 to $40.00 and
$143.75 to $200.00, respectively. The
fees for issuance of duplicate documents is raised, with the fee for duplicate
driver’s license increased from $10.00 to $20.00, for duplicate titles from $25
to $50, for duplicate vehicle validation stickers from $1.00 to $5.00, and for
duplicate registration cards from $2.00 to $10.00. The fee for a vehicle temporary tag is
increased from $10.00 to $20.00. The fee
for sale of driver’s licenses records is increased from $15.00 to $25.00. The fee to transfer a specific tag number
from vehicle to vehicle is increased from $10.00 to $20.00. The fee to issue a title for a vehicle is
increased from $25.00 to $35.00. The fee
for issuance of a lien on an existing title is increased from $10.00 to $20.00.
Intended
use of Revenue
The
additional revenue will be used for shortfalls and increased costs associated
with the Transportation Trust Fund.
Office
of Controller General
May
11, 2015
JRG:
4421480006