More on Omnibus
The GOP proposal would eliminate the three SEG audit positions in the governor's budget proposal for the oil company assessment, deleting $388,000 in SEG spending.
Total change to the bill under the motion is -182.9 million in SEG-REV; -$161.1 million SEG and 3.75 SEG positions; and +$160.8 million GPR and .75 GPR positions.
In addition, it moves to adopt alternative 1 in budget paper 764, to increase vehicle registration fees for automobiles by $20, effective Oct. 1, and increases the fees for light trucks by $26.50 for trucks not more than 4,500 pounds, by $22.50 for trucks not more than 6,000 pounds, and by $28.50 for trucks not more than 8,000 pounds.
Heavy truck registration fee increases would go up 25 percent under the GOP proposal, raising revenues to the transportation fund by $25.8 million in 2007-08 and $41 million in 2008-09.
The GOP omnibus also proposes adoption of alternative A2 from budget paper 765, which would delete the conversion of appropriations from the general fund to the transportation fund, deleting $33.9 million SEG and .75 SEG position annually and provide $33.9 million and .75 GPR position annually to reflect the change.
On budget paper 765, the GOP motion would adopt alternative B2, deleting the conversion of the supplemental title fee transfer. Specifically, it would delete $13 million SEG over the biennium and provide the same amount in GPR.
On budget paper 765, the motion is to adopt alternative C2, which would delete the provision.
Regarding budget paper 766, the GOP motion adopts alternative 2, which wouuld increase the standard vehicle title fee from $28.50 to $38.50 as of Oct. 1. Estimated increase to revenues wouuld be $25.1 million over the biennium.
Labels: automobile_registration_fees, Oil_Franchise_Fee, Transportation
