H1094 - Ferry Division Audit/Department of Transportation Omnibus. (SL 2026-46)

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Session Year 2024

Overview: Section 2 of S.L. 2026-46 (House Bill 1094) directs the Division of Motor Vehicles (DMV) to study the feasibility of transitioning from its current fixed-budget appropriation model of funding to a percentage-of-revenue-based model, including an evaluation of advantages and disadvantages of the current model, feasibility of implementing a percentage-of-revenue-based model, funding models in other states, legal and budgetary constraints, potential fiscal impacts, and potential impacts on customer service, staffing, modernization efforts, and accountability.

The DMV must submit a report of its findings to the Joint Legislative Transportation Oversight Committee, House and Senate Appropriations Committees on Transportation, Fiscal Research Division, and the Office of State Budget and Management no later than January 1, 2027.

This section became effective July 7, 2026.

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