|
ARIZONA HOUSE OF REPRESENTATIVESFifty-fifth Legislature First Regular Session |
|
HB 2115: motorcycle safety fund; continuation
Sponsor: Representative Bolick, LD 20
Committee on Transportation
Overview
Extends the deposit of $1 of each motorcycle registration fee to the Motorcycle Safety Fund (Fund) until July 1, 2025.
History
Pursuant to A.R.S § 28-2010, the Fund is established consisting of monies deposited from motorcycle registration fees, monies from gifts, grants and other donations. The director of the Governor's Office of Highway Safety (Director) administers the Fund. On notice of the Director the State Treasurer is required to invest and divest the monies in the Fund. Monies earned from the investment are credited to the Fund. 10% of the monies in the Fund may be used towards the cost of administration. Monies in the Fund are exempt from lapsing. $1 of each motorcycle registration fee collected must be deposited into the Fund.
The Director is required to use monies deposited in the Fund to implement and support voluntary motorcycle education, awareness, training and other programs and may use the monies to cover the cost of materials for motorcycle safety, education and awareness programs. The authorization for deposits of $1 of each motorcycle registration fee to the Fund is scheduled to sunsets on July 1, 2021.
The motorcycle registration fee is $9 (A.R.S § 28-2003).
Provisions
1. Extends, the deposit of $1 of each motorcycle registration fee to the Motorcycle Safety Fund until July 1, 2025. (Sec. 1)
2. Makes a technical change. (Sec. 1)
3.
4.
5. ---------- DOCUMENT FOOTER ---------
6. HB 2115
7. Initials JT Page 0 Transportation
8.
9. ---------- DOCUMENT FOOTER ---------