Sec. 11. (a) This section applies to the following vehicles: (1) A trailer with a declared gross weight greater than nine thousand (9,000) pounds. (2) A truck with a declared gross weight greater than eleven thousand (11,000) pounds. (3) A tractor used with a semitrailer with a declared gross weight greater than eleven thousand (11,000) pounds. (4) A for-hire bus with a declared gross weight greater than eleven thousand (11,000) pounds. (b) The fee to register a vehicle listed in subsection (a) for a period other than twelve (12) months is the amount determined under the following formula: STEP ONE: Determine the number of months remaining until the vehicle's next registration date under IC 9-18.1-11-3 . A partial month shall be rounded to one (1) month. STEP TWO: Multiply the STEP ONE result by one-twelfth (1/12). STEP THREE: Multiply the STEP TWO product by the applicable registration fee under this chapter for the vehicle. (c) A fee described in subsection (b) shall be distributed in the same manner as the applicable registration fee under this chapter for the vehicle. [Pre-2016 Revision Citations: 9-29-5-13; 9-29-5-13.1; 9-29-5-13.4.]
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