motorcycle registration requirements; safety fund

Replaced the strict requirement for a 'class M driver license' with a broader standard requiring the owner to be 'licensed to legally operate a motorcycle in this state.'

Added specific provisions stating that if a motorcycle owner is a trust, a named trustee must be legally licensed to operate a motorcycle to renew registration.

Added an exemption stating that the section does not apply to motorcycles owned by businesses.

Added a new section specifying that the act is effective from and after December 31, 2026.

Changed the version header from 'House Engrossed' to 'Senate Engrossed' and updated the bill identifier label.

The document structure was updated to reflect the final House Engrossed Version, including corrected headers, removal of pre-filed dates, and standardization of section numbering and formatting.

Minor text adjustments were made to align with official legislative formatting standards, such as capitalization in section titles and the removal of placeholder text.