(Sponsorship Updated As Of: 7/10/2006)
ASSEMBLY, No. 4707
STATE OF NEW JERSEY
INTRODUCED JUNE 26, 2006
Assemblyman LOUIS D. GREENWALD
District 6 (Camden)
Establishes one-time supplemental titling fee on new luxury and fuel
inefficient passenger automobiles.
CURRENT VERSION OF TEXT
As reported by the Assembly Budget Committee on July 7, 2006, with
A4707 [1R] GREENWALD
EXPLANATION – Matter enclosed in bold-faced brackets [thus] in the above bill is
not enacted and is intended to be omitted in the law.
Matter underlined thus is new matter.
Matter enclosed in superscript numerals has been adopted as follows:
1Assembly ABU committee amendments adopted July 7, 2006.
AN ACT concerning the 1[registration of] certificate of ownership
for1 certain motor vehicles and supplementing chapter 3 of Title
39 of the Revised Statutes.
BE IT ENACTED by the Senate and General Assembly of the State
of New Jersey:
1. As used in this act:
efficiency rating” means the fuel efficiency rating for a particular
motor vehicle calculated by adding together the Environmental
Protection Administration’s city and highway miles per gallon
rating for that motor vehicle and dividing the resulting sum by two.
“Lease price” means the capitalized cost as stated in the
agreement between a lessor and a lessee.
“Sales price” means the gross selling price appearing on a
contract of sale.
2. a. In addition to the motor vehicle registration fees imposed
pursuant to the provisions of chapter 3 of Title 39 of the Revised
Statutes, the chief administrator shall 1, as a condition for the
issuance and filing of a certificate of ownership pursuant to
R.S.39:10-11,1 impose and collect an additional fee 1[upon the