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IN HB1417
Bill
Status
1/16/2018
Primary Sponsor
Jack Jordan
Click for details
AI Summary
HB 1417 Summary
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Reclassifies vehicle designations effective July 1, 2018: "specialty constructed" vehicles become "replica vehicles," and "reconstructed" vehicles become "specialty constructed" vehicles.
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Requires replica vehicle title applications to include both the year of assembly or manufacture and the model year of the vehicle the replica is intended to resemble.
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Bases excise taxes on replica vehicles using the year of assembly or manufacture rather than the model year of the vehicle being replicated.
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Applies changes to Indiana Code sections IC 6-6-5-3 (excise tax) and IC 9-17 (motor vehicle titles and registration).
Legislative Description
Specialty constructed and replica vehicles. Provides that a vehicle currently designated as a "specialty constructed" vehicle under the motor vehicle code will be designated after June 30, 2018, as a "replica vehicle". Provides that a vehicle currently designated as a "reconstructed vehicle" in the motor vehicle code will be designated after June 30, 2018, as a "specialty constructed" vehicle. Provides that a description of a replica vehicle on a title application includes both the year of assembly or manufacture and the model year of the vehicle that the replica vehicle is intended to resemble or reproduce. Provides that excise taxes
Last Action
Representative Forestal added as coauthor
1/18/2018