SB14-075 Summary

• Armed Forces members deployed outside the U.S. may pay $1 per year in specific ownership tax on Class B and C personal property vehicles under 16,000 pounds empty weight, instead of the standard graduated tax rates (2.10% to $3 depending on year of service).

• Deployed service members may exempt vehicles from registration fees during deployment periods; if serving less than one year, fees are prorated by months served outside the U.S.

• Qualifying members must provide military orders or evidence of overseas deployment and file a signed affidavit that the vehicle will not be operated on highways during the exemption period; violation of the affidavit is a Class B traffic infraction.

• Members who already paid standard taxes or fees may receive credits toward succeeding year taxes or fees if later found eligible for the military deployment tax rate or fee exemption.

• Appropriations of $81,749 are decreased from controlled maintenance trust fund; $68,921 appropriated to Department of Education, $12,828 to Department of Revenue, and $104,030 to Department of Revenue for computer services; act applies to taxes and fees due on or after January 1, 2015.