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 Senate with a 48-1 vote.
“I was pleased to see HB 1362 receive such bipartisan support and pass out of the Senate,†said Rep. Sullivan. “This legislation will allow the state to save tax dollars which can then be passed onto 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.
“With updated technology, license plates are able to withstand more and last longer,†said Rep. Sullivan. “This change would allow Indiana to keep the cost of license plates low while maintaining quality.â€
HB 1362 now goes to the governor to be signed into law. To learn more about Rep. Sullivan, visitwww.indianahouserepublicans.com.