Vehicle license fees.

The Vehicle License Fee Law establishes, in lieu of any ad valorem property tax upon vehicles, an annual license fee for any vehicle subject to registration in this state in the amount of 0.65% of the market value of that vehicle, as provided. Existing law, on and after May 19, 2009, increases that rate to 1% for specified vehicles and requires that the revenues derived from the increase be deposited into the General Fund. Existing law, on and after May 19, 2009, also adds a sum equal to 0.15% of the market value of specified vehicles, as determined by the Department of Motor Vehicles, to the vehicle license fee, and requires that this sum be deposited in the General Fund and transferred to the Local Safety and Protection Account, which is continuously appropriated for specified purposes. This bill would state that the additional revenue resulting from these increases in the vehicle license fee is not revenue derived from the 0.65% rate for purposes of a local ordinance that governs the expenditure of funds received by Nevada County from the vehicle license fee. The bill would state the findings and declarations of the Legislature concerning the need for special legislation.