Trailer Late Fees

The following changes are effective July 1, 2010:

 

HB10-1211 sets the late fee at ten dollars for vehicles without motive power that weigh two thousand pounds or less, that are subject to taxation, and that are not registered when required by law. The weight of a trailer of any kind is the empty weight. C.R.S. 42-3-112(1.7)

 

SB10-198 sets the late fee at ten dollars for vehicles without motive power that weigh sixteen thousand pounds or less, camper trailers regardless of weight or multipurpose trailers regardless of weight, that are subject to taxation, and that are not registered when required by law. The specifications for the vast majority of trailer coaches meet the weight requirement and therefore SB10-198 will apply to trailer coaches. The weight of a trailer of any kind is the empty weight. C.R.S. 42-3-112(1.7)

 

Vehicles without motive power include trailers, camper trailers, trailer coaches, multipurpose trailers and special mobile machinery without motive power.

 

Late fees accrued prior to July 1, 2010 will be included in the late fee assessed on or after July 1, 2010, however the total amount assessed shall not exceed the $100.00 late fee limit, for example:

 

• Transaction date is July 15, 2010. Customer’s registration for a 14,000 pound trailer expired January 2010 with a one month grace of February 2010. The late fee due is $100.
  
• Calculation: $25 * four months = $100 plus $10 = $110, but the late fee is still limited to $100.
  
  
• Transaction date is July 15, 2010. Customer’s registration for a camper trailer expired February 2010 with a one month grace of March 2010. The late fee due is $85
  
• Calculation: $25 * three months = $75 plus $10 = $85 late fee assessed.

 

 

Last Modified: Jun 16, 2010 04:51 PM