TACF DEPOSITS; SUNSET EXTENSION                                                           H.B. 4858:

                                                                                                    SUMMARY OF BILL

                                                                                     REPORTED FROM COMMITTEE

House Bill 4858 (as reported without amendment)

Sponsor:  Representative Mark E. Huizenga

House Committee:  Appropriations

Senate Committee:  Appropriations

CONTENT

The bill would amend the Natural Resources and Environmental Protection Act to extend, until October 1, 2023, the deposit of commercial look-up fees for boating records, watercraft title records, off-road vehicle records, and snowmobile records, into the Transportation Administration Collection Fund (TACF). The collection of these fees is maintained by the Department of State, and is set to expire on October 1, 2019. The current look-up fee charged by the Department of State is $11 per requested record, plus $1 if requested at a branch office.

MCL 324.80130 et al

FISCAL IMPACT

The current sunset date of October 1, 2019, for the deposit of the fees described above in the TACF will have a negative fiscal impact on the Department of State's annual operating revenue, if the sunset occurs. The collection of these fees for the TACF totaled $58.0 million in fiscal year (FY) 2017-18, according to the Department of State. If the sunset date is not delayed, the Department will lose approximately $58.0 million in revenue beginning in FY 2019-20.

Date Completed:  9-18-19                                                   Fiscal Analyst:  Joe Carrasco

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.