Directs the treasurer to increase the amount of sales and use tax paid to the highway users tax fund and decrease the amount paid to the general fund in an amount to offset the reduced motor vehicle registration fees. Starting in November 1999, directs the executive director of the department of motor vehicles to provide a written report to the treasurer every 6 months estimating the total reduction in the amount of the fees to be collected in the next 6-month period. Starting in November 2000, directs the executive director to provide a written report to the treasurer every 6 months on the actual reduction in the amount of fees collected in the previous 6-month period.
Capital letters indicate new material to be added to existing statute.
Dashes through the words indicate material to be deleted from existing statute.