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ESTABLISHES $18 ANNUAL VEHICLE LICENSE SURCHARGE TO HELP FUND STATE PARKS AND WILDLIFE PROGRAMS. GRANTS SURCHARGED VEHICLES FREE ADMISSION TO ALL STATE PARKS. INITIATIVE STATUTE.

• Requires deposit of surcharge revenue in a new trust fund and requires that trust funds be used solely to operate, maintain and repair state parks and to protect wildlife and natural resources.
• Exempts commercial vehicles, trailers and trailer coaches from the surcharge.
• Requires annual audit by the State Auditor and review by a citizens oversight committee.

Summary of Legislative Analyst's Estimate of Net State and Local Government Fiscal Impact:

• Increased state revenues of about $500 million annually from an annual surcharge on vehicle registrations.
• New revenues would be used to offset about $50 million loss of park day–use fee revenues, and could be used to replace up to $200 million annually from existing state funds currently spent on state parks and wildlife conservation programs.
• Increased funding for state parks and wildlife conservation of at least $250 million annually.