DMV Rebate Moves Ahead

By: Staff
By: Staff

The state Board of Examiners, chaired by Guinn, will meet
Thursday to consider a contract with Bank of America, the state's
current banker, for distribution of about 1.9 million checks.
The rebates of surplus state funds had been sought by Guinn and
were approved by the 2005 Legislature. At first, officials hoped to
have the checks out by September - but Guinn added a month to that
timetable.
The plan calls for Bank of America to subcontract with Moore
Wallace, the world's largest mailing company, to issue the checks.
Moore Wallace has done similar mailings in the states of Washington
and Minnesota.
About two dozen companies contacted the state expressing
interest in handling the check-processing - a job initially
estimated to cost up to $2 million.
The rebates are being done through the state Department of Motor
Vehicles database. Amounts that Nevadans paid the DMV in 2004 in
registration fees and taxes will be rebated, to a maximum of $275.
The minimum, per-vehicle payment will be $75 - a break for
one-third of the Nevadans whose cars or trucks are 10 years old or
older and who have registration fees of only about $40.
Anyone who was at least 65 and held a valid DMV identification
card on or before Jan. 1, 2005, also will get $75. There are nearly
66,000 people in that category.
Excluded from the rebate will be utility trailers, vehicles weighing more than 26,000 pounds and rental car fleets. Taxicab companies and other businesses that have big fleets will qualify for the rebate.


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