Vehicular revalidation is a mandatory procedure for drivers to comply with state regulations, involving the renewal of the circulation card and, in some cases, the exchange of plates. The annual payment for this process varies depending on the year and model of the vehicle, ranging between 1,575 and 2,755 pesos. To alleviate the financial burden on families, a proposal has been made to reduce the cost by 50%.
Proposal to Reduce Vehicular Revalidation Costs
The proposal, presented by Gloria Mirazo of the Citizen Movement in Ciudad Juárez, aims to reform Article 208 of the State Law on Rights to reduce the mandatory payment for vehicular revalidation. This initiative seeks to provide relief to car owners, particularly those with limited financial resources, by reducing the payment to 50% of its current cost.
Benefits of Reducing Vehicular Revalidation Costs
Reducing the cost of vehicular revalidation can have multiple benefits, including:
- Increased fiscal compliance, reducing tax evasion
- Families with limited resources can better manage their expenses at the beginning of the year
- Greater citizen participation can compensate for the reduction in state income
- Strengthening the relationship between citizens and authorities by demonstrating a genuine interest in the economic well-being of the population
Importance of Vehicular Revalidation
Vehicular revalidation is essential as it includes various concepts such as the circulation card expedition, vehicular tax, and plaque exchange. The process is mandatory every year, and costs are subject to monthly increases if merited, which can represent a considerable expense for personal finances.
Options are available for online payment and offices, convenience stores, banks, and other enabled points to facilitate the procedure. However, the implementation of the 50% reduction in vehicular revalidation costs depends on the analysis in the State Congress, where it will be determined if there are budgetary conditions to renounce a part of the income from vehicular revalidation.