Section 46.2-214.3 - Discount for multiyear registrationA. Pursuant to subsection C of § 46.2-646, for each motor vehicle, trailer, or semitrailer registered, the Commissioner may offer, at his discretion, a discount for multiyear registrations of such vehicles. The discount shall be equal to $1 for each year of the multiyear registration or fraction thereof. The discount shall not be applicable to any motor vehicle, trailer, or semitrailer registered under the International Registration Plan. When this option is offered and chosen by the registrant, all annual and 12-month fees due at the time of registration shall be multiplied by the number of years or fraction thereof that the vehicle will be registered.B. In addition to the discount authorized in subsection A, for the renewal of registration of each motor vehicle, trailer, or semitrailer pursuant to § 46.2-646, the Commissioner shall offer a discount for renewal when such registration renewal is conducted using the Internet. The discount shall be equal to $1. The discount shall not apply to any motor vehicle, trailer, or semitrailer registered under the International Registration Plan. 2008, c. 866; 2020, cc. 1230, 1275; 2023, c. 538.Amended by Acts 2023 c. 538,§ 1, eff. 7/1/2024.Amended by Acts 2020 c. 1275,§ 1, eff. 7/1/2020.Amended by Acts 2020 c. 1230,§ 1, eff. 7/1/2020.