Tennessee Will Waive State Personal Vehicle, Motorcycle Registration Fees Starting on July 1

State registration fees for personal vehicles and motorcycles will be waived starting on July 1 for a full year.

The move comes out of legislation passed at the end of this year’s session and then signed into law by Gov. Bill Lee earlier this month.

The law applies to registrations that expire after July 1 and before June 30, 2023.

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Price Jump for Used Cars Results in Boost in Michigan Sales Tax Collected

Close up of a line of cars

The microchip shortage responsible for bottlenecking the production of new cars has been a boon for the used car market.

However, the lack of available new vehicles also has created a greater demand and thus a scarcity of quality used vehicles.

This has driven up the cost of used cars and trucks, which has also increased the sales tax collected on used vehicle transactions. The national average increase in used car sales prices is 16.8% or $3,926 per vehicle sold.

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Michigan House, Senate Pass Auto Insurance Reform, Governor Whitmer Expected to Sign

by Tyler Arnold   The Michigan House and Senate passed auto insurance reform Friday with substantial bipartisan support after the House Republicans, Senate Republicans and Democratic governor struck a deal. Gov. Gretchen Whitmer is expected to sign the bill into law. The legislation will eliminate a mandate that required all drivers to purchase unlimited, lifetime personal injury protection (PIP) coverage. The unlimited PIP coverage mandate is unique to Michigan and caused the state’s average rates to be nearly double the national average. Detroit drivers paid nearly four times the national average. The PIP coverage accounts for nearly half of a driver’s insurance bill. After Whitmer signs the legislation, drivers will be able to choose from five PIP rate options and insurance companies will be required to lower their rates accordingly. A driver could choose to get rid of all of their PIP coverage, but only if he or she has private health insurance that covers auto accident injuries for the entire family, or the driver is an older person on Medicaid. They would save 100 percent on their PIP rates. Drivers could also choose to opt into $50,000 worth of coverage, which will be accompanied by a 45 percent rate…

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