Florida Senate approves bill to lower automobile registration fees

TALLAHASSEE, Fla. - A unanimous Florida Senate has passed a bill that rolls back the fees for automobile registrations and will save an individual driver $12 a year.

The Senate on Wednesday passed the bill (SB 1832) on a 39-0 vote. Sen. Audrey Gibson voted `yes' after failing to stop the bill with an amendment requiring a study of the tax rollback.

The state will make up the lost money -- between $220 million and $230 million -- by eliminating a tax break to insurance companies. Those companies pay a state tax on insurance premiums but also get a rebate worth 15 percent of the salary paid to their workers.

State lawmakers had increased auto fees in 2009 to help close a multi-billion dollar budget gap.

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