SAN PEDRO (CBS) — If you are required to pay your vehicle license fees in July, or even August, you may be getting a break – at least for now.READ MORE: Huntington Park Police Shoot, Kill Suspect
An estimated five million Californians won’t initially have to pay those fees this year, and yes, late fees will be waived.READ MORE: Magnitude-3.5 Quake Rattles Idyllwild
However, Gov. Brown and lawmakers are trying to negotiate a new budget that could include higher license fees to balance the state’s $15 billion budget deficit.
On July 1, the annual fee is set to drop from 1.15 percent of a vehicle’s value to .65 percent, which breaks down to $5 for every $1,000 a car is worth.MORE NEWS: Residents Call For Change Following Death Of ER Nurse Sandra Shells
A new bill that may come later this summer would not only prevent that from happening, but even increase the cost for drivers across the state.