STATEHOUSE – State Representative Holli Sullivan (R-Evansville) has authored a bill to benefit taxpayers and Hoosier motorists. House Bill (HB) 1362 would extend the amount of time that Indiana is required to reissue license plates. The bill passed unanimously out of the House.
“As a state representative, it is important to look for innovative solutions that can save taxpayers both time and money,†said Rep. Sullivan. “Through this bill, I am pleased to provide an effective strategy to save the state money, which can then be passed on to the consumers.â€
Currently, license plates must be issued by the state every five years. If enacted, HB 1362 could extend the life cycle of license plates by up to 10 years, which could save the state on average around $10 million per year starting in July 2016.
HB 1362 gives the Bureau of Motor Vehicles the ability to set the license plate life cycle at no less than five years, but no more than 10 years. The bill does not change the exemptions for certain plates like municipal or commercial motor vehicles.
“Indiana is below the national average when it comes to license plate reissuance,†said Rep. Sullivan. “Unfortunately, that means we lose many perfectly acceptable license plates that with our new technologies could last for more years.â€
This bill will now go to the Senate for further debate and discussion.
Visit iga.in.gov for more information about HB 1362 or www.indianahouserepublicans.com for more information about Rep. Sullivan.
