Sponsored by:
Assemblyman DAVID C. RUSSO
District 40 (Bergen, Essex and Passaic)
Assemblyman KEVIN J. O'TOOLE
District 40 (Bergen, Essex and Passaic)
SYNOPSIS
Exempts local governmental units from supplemental titling fees on passenger automobiles they purchase or lease.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning the imposition of supplemental titling fees on certain new passenger automobiles and supplementing P.L.2006, c.39 (C.39:3-8.3 et seq.).
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. As used in this act, “local governmental unit” means a county, municipality or school district.
b. The supplemental titling fee imposed on certain new passenger automobiles under the provisions of P.L.2006, c.39 (C.39:3-8.3 et seq.) shall not be imposed on any new passenger automobile purchased or leased by a local governmental unit.
2. This act shall take effect on the first day of the second month following enactment.
STATEMENT
Under the provisions of P.L.2006, c.39 (C.39:3-8.3 et seq.), the State imposed a one-time supplemental titling fee on certain new passenger automobiles purchased or leased on or after July 15, 2006.
This bill would exempt local governmental units from paying that supplemental titling fee on the passenger automobiles they purchase or lease.
For the purposes of this bill, a local governmental unit means a county, municipality or school district.