| (3) |
| (a) | Upon application of the owner or lessee of a fleet of commercial vehicles not apportioned under Section 41-1a-301 and required to be registered in this state, the State Tax Commission may permit the vehicles to be registered for a registration period commencing on the first day of March, June, September, or December of any year and expiring on the last day of March, June, September, or December in the following year. |
| (b) | Upon application of the owner or lessee of a fleet of commercial vehicles apportioned under Section 41-1a-301 and required to be registered in this state, the State Tax Commission may permit the vehicles to be registered for a registration period commencing on the first day of January, April, July, or October of any year and expiring on the last day of March, June, September, or December in the following year. |
| (c) |
| (i) | Upon application of the owner or lessee of a fleet of personal vehicles required to be registered in this state, the State Tax Commission may permit the vehicles to be registered for a registration period commencing on the first day of February, May, August, or November of any year and expiring on the last day of February, May, August, or November of the following year. |
| (ii) | If the registration period for a personal vehicle is adjusted under Subsection (3)(c)(i), the registration fees for the adjustment are:
| (A) | 25% of the regular registration fees if the adjustment is for not more than three months; |
| (B) | 50% of the regular registration fees if the adjustment is in excess of three months but not more than six months; |
| (C) | 75% of the regular registration fees if the adjustment is in excess of six months but not more than nine months; and |
| (D) | 100% of the regular registration fees if the adjustment is in excess of nine months but not more than 12 months. |
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