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LA HB520
Bill
Status
7/1/2025
Primary Sponsor
John Illg
Click for details
AI Summary
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Exempts antique motor vehicles from state and local sales and use tax when the vehicle was manufactured at least 35 years ago, is valued at $10,000 or more, and is not used for commercial purposes (excluding use in motion picture production)
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Increases the age requirement for antique vehicle license plates from 25 years to 35 years old
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Sets the license plate fee for tax-exempt antique vehicles at $1,000, while standard antique vehicle plates remain at $25 (or $50 for personalized prestige plates)
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Requires applicants for antique plates to submit a notarized affidavit confirming the vehicle has not been materially altered from original manufacturer specifications and will be used primarily for exhibitions, club activities, parades, or similar special occasions
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Effective July 1, 2025, applying to sales, registration, or transfers occurring on or after that date
Legislative Description
Establishes a state and local sales and use tax exemption for certain antique motor vehicles and increases the fee for issuance of special license plates for those vehicles (EN DECREASE GF RV See Note)
TAX/SALES-USE-EXEMPT
Last Action
Effective date: 07/01/2025.
7/1/2025