Vehicle license fee would generate $70M-plus for San Francisco

By: Will Reisman : sfexaminer – excerpt

San Francisco lawmakers and agencies are working to put a vehicle license fee increase before voters in hopes of generating more than $70 million for city coffers.
California Senate Bill 1492 allows local municipalities to put on the ballot a fee of up to 2 percent of a vehicle’s value — the rate before former Gov. Arnold Schwarzenegger reduced it in 2004.
San Francisco’s Board of Supervisors will have to decide whether to put the fee increase before voters. It would then need a simple majority to pass, and would probably go on the November 2014 ballot.
San Francisco’s Board of Supervisors will have to decide whether to put the fee increase before voters. It would then need a simple majority to pass, and would probably go on the November 2014 ballot.
The board has the option of setting the percentage fee for the initiative — anywhere from its current rate of 0.65 percent to the maximum of 2 percent. Increasing the rate to 2 percent would generate $72 million annually for The City’s general fund, said bill author state Sen. Mark Leno, D-San Francisco. A motorist with a vehicle valued at $15,000 would see his or her annual fee increase from $97.50 to $300 if the 2 percent rate is restored… (more)

Let Leno know drivers want more if they increase the fees. Amend California Senate Bill 1492 to include the RPP for all residents of the city in which they reside. Add your ideas and send them to the California state representatives.

See sfenuf.org for more info.

1 thought on “Vehicle license fee would generate $70M-plus for San Francisco

  1. We are a family of 4 have raised our kids with 1 car. We now have 3 drivers (almost 4) and still 1 car… the rest of the transportation is by Muni, bicycle and an occasional rental. We have 1 car due to the headache and expense of maintaining more and also feel better about the environmental impact.

    Due to work and other transport needs cars are a necessity not really a luxury… so to tax them as one is inappropriate. The 2% rate is sounding like a luxury tax. I’m opposed to this added tax, which is just squeezing more money out of California residents. Soon we’ll be squeezed enough to move.

    Some people own multiple cars… perhaps there could be a compromise where 2nd cars get taxed (either per owner or per household… I realize this complicates the record keeping and the bureaucracy alone might outweigh the financial gain.)

    Bottom line is that people need cars and Muni – even if highly functional – will not take care of all needs… not all car ownership is a luxury.

    Like

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