A. A person who transfers the ownership or permanently discontinues the use of a snowmobile having a resident registration or a nonresident seasonal registration and applies for registration of another snowmobile in the same registration year is entitled to a registration upon payment of a transfer fee of $2 $5 and is not required to pay the regular registration fee.

Sec. W-37. 12 MRSA §13155, sub-§5, as affected by PL 2003, c. 614, §9 and amended by c. 695, Pt. B, §13 and affected by Pt. C, §1, is further amended to read:

5. Fees. The annual registration fee for an ATV is $17 $33 for a resident and $35 $68 for a nonresident.

Sec. W-38. 12 MRSA §13155, sub-§7, ¶B, as enacted by PL 2003, c. 414, Pt. A, §2 and affected by c. 614, §9, is amended to read:

B. An all-terrain vehicle owner who transfers ownership or discontinues its use may, within 10 days from the date of transfer or discontinuance, apply to the commissioner for registration of another all-terrain vehicle. The fee for the transfer is $2 $5, and the registration is valid for the remainder of the registration year for which the previous all-terrain vehicle had been registered.

PART X

Sec. X-1. 20-A MRSA §13451, sub-§3, ¶¶B and C, as amended by PL 2003, c. 451, Pt. OO, §1, are further amended to read:

B. Thirty-five percent from July 1, 2002 to July 31, 2003; and

C. Forty percent after July 31, 2003.; and

Sec. X-2. 20-A MRSA §13451, sub-§3, ¶D is enacted to read:

D.__Forty-five percent after June 30, 2005.

Sec. X-3. 20-A MRSA §13451, sub-§3-B is enacted to read:

3-B.__Plan experience.__If at the end of a contract year a plan under this section experiences a rebate, investment gain or