Loading chat...
IN SB0145
Bill
Status
1/3/2019
Primary Sponsor
Rick Niemeyer
Click for details
AI Summary
-
Fiscal bodies of cities and towns may adopt ordinances exempting vehicles registered within their jurisdiction from county vehicle excise taxes and county wheel taxes, designating themselves as "nonparticipating municipalities"
-
Nonparticipating municipalities forfeit all distributions from county vehicle excise tax and wheel tax revenues—their population and street mileage are treated as zero for allocation purposes
-
Cities and towns may repeal their opt-out ordinance at any time to rejoin the tax system
-
Exemption ordinances take effect on January 1 of the year following adoption, and municipalities must notify the Bureau of Motor Vehicles, county auditor, and county treasurer
-
Effective date: July 1, 2019
Legislative Description
County vehicle excise and wheel tax exemption. Provides that the fiscal body of a city or town may adopt an ordinance declaring that a vehicle registered in the city or town is exempt from the county vehicle excise tax and the county wheel tax (nonparticipating municipality). Provides that a nonparticipating municipality does not receive a distribution of county vehicle excise tax revenue or county wheel tax revenue.
Last Action
First reading: referred to Committee on Tax and Fiscal Policy
1/3/2019