Legislature(2003 - 2004)

2003-03-06 Senate Journal

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2003-03-06                     Senate Journal                      Page 0387
I urge your prompt and favorable action on this measure.                                            
                                                                                                    
Sincerely,                                                                                          
/s/                                                                                                 
Frank H. Murkowski                                                                                  
Governor                                                                                            
                                                                                                    
SB 103                                                                                            
SENATE BILL NO. 103 BY THE SENATE RULES COMMITTEE                                                   
BY REQUEST OF THE GOVERNOR, entitled:                                                               
                                                                                                    
            "An Act increasing certain motor vehicle registration                                  
          fees; and providing for an effective date."                                               
                                                                                                    
was read the first time and referred to the Transportation and Finance                              
Committees.                                                                                         
                                                                                                    
The following fiscal information was published today:                                               
 Fiscal Note No. 1, Department of Administration                                                    
                                                                                                    
Governor's transmittal letter dated March 5:                                                        
                                                                                                    
Dear President Therriault:                                                                          
                                                                                                    
Under the authority of art. III, sec. 18, of the Alaska Constitution, I am                          
transmitting a bill that would adjust the fees on motor vehicle                                     
registration which have remained the same since 1986.                                               
                                                                                                    
The bill will equalize registration fees between pick-up trucks and                                 
passenger vehicles, adjust commercial and private vehicle registration                              
fees, and update vehicle recording and lien fees. Even with the fee                                 
increase, the State of Alaska's registration fees will be less than the                             
national average and significantly below an increase based solely upon                              
inflation.                                                                                          
                                                                                                    
This fee increase will allow the state to maintain the value of the                                 
revenue derived from the user fees and assist the state in closing the                              
fiscal gap while maintaining essential services.