2004 FLORIDA CRASH STATISTICS SAFETY EQUIPMENT USE/INJURY LEVELS
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ABATE OF FLORIDA,INC. |
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To all Motorcycle Rights Organizations and interested parties The following is an economic impact study done for the first five years of our amended helmet law. The motorcycle registration figures are compiled from the statistics of the Florida Department of Highway Safety and Motor Vehicles. The fees come from the license and registration bureau. From 1999 to 2004 our motorcycle registrations increased from 198,601 to 419,491. That is an increase of approximately 111%. The following is the estimated revenue increase from the registrations and bike purchases. 220,890 motorcycles at an average of $10,000 each 2,208,900,000.00 Sales tax at 6% 132,534,000.00 Registration fee for motorcycles 26.40 5,433,918.60 Change of title 29.75 6,571,477.50 Buy tag 10.00 2,208,900.00 --------------- Total 2,355,648,296.10 This is a low estimate as it doesn’t include antique motorcycles or mopeds. This is over TWO BILLION DOLLARS in five years that has been put into the Florida economy. Over 145 million dollars in taxes alone went into the Florida state treasury. This does not include the almost 3 billion dollars put into the economy from Bike Week and Biketoberfest the past five years. Remember that the registration fees are annual so they would increase with each year from 1999 to 2004. I hope these figures will help anyone who has heard that Florida motorcyclist don’t pay their fair share. Respectfully, James D. “Doc” Reichenbach II |