SD4 - Report to the General Assembly of Virginia as Directed by Senate Joint Resolution No. 147 Session of 1975 made by the Division of Motor Vehicles
Executive Summary: Senate Joint Resolution #147, passed February 6, 1975, directed DMV to study the feasibility of using the value, as well as the weight, of a motor vehicle in determining the registration fee. The primary purpose of the change in method of fee determination was to make registration fees eligible as tax deductions under Federal Internal Revenue definitions. To adequately explore the effects of any alteration in fee calculations, several different approaches were outlined and revenue, cost, training and other factors relating to each were determined. |