Vehicle Registration Fees Rolled Back
MIAMI (CBSMiami) - Good news for Florida drivers.
Beginning Monday, September 1st, it's now cheaper to register your vehicle in the state.
The fee rollback is a part of a $500 million package of tax cuts and fee reductions approved by the Legislature last spring. It's expected to save owners $17 to $25 a year, depending on the size of the vehicle.
Governor Rick Scott is expected to highlight this change this week as he hits the campaign trail.
Lawmakers and then-Gov. Charlie Crist approved a vehicle registration fee increases in 2009, amid a state budget shortfall.
The bill is expected to save motorists a total of $309 million during this 2014-15 budget year. The savings are expected to grow to about $395 million, once the cuts are in effect for the full 12 months of a fiscal year.
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