SENATE, No. 720

STATE OF NEW JERSEY

215th LEGISLATURE

 

PRE-FILED FOR INTRODUCTION IN THE 2012 SESSION

 


 

Sponsored by:

Senator  KEVIN J. O'TOOLE

District 40 (Bergen, Essex, Morris and Passaic)

 

 

 

 

SYNOPSIS

     Exempts local governmental units from supplemental titling fees on passenger automobiles they purchase or lease.

 

CURRENT VERSION OF TEXT

     Introduced Pending Technical Review by Legislative Counsel

  


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.