Amends TCA Section 55-4-104.
As enacted, increases from 24 months to 36 months the period for which vehicle registrations by businesses that register at least 15,000 vehicles annually and that are engaged in the rental of motor vehicles, trucks, and trailers may be issued; specifies that the fees must be in an amount to offset the revenue that would otherwise be generated by 12-month registration fees.
As enacted, increases from 24 months to 36 months the period for which vehicle registrations by businesses that register at least 15,000 vehicles annually and that are engaged in the rental of motor vehicles, trucks, and trailers may be issued; specifies that the fees must be in an amount to offset the revenue that would otherwise be generated by 12-month registration fees.
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