MS SB2101

Allows taxpayers who sell, trade, or dispose of a motor vehicle and are simultaneously issued an antique automobile plate or antique pickup truck plate to elect a refund of remaining taxes paid for that tax year instead of a credit.

Permits sellers or transferors who previously received a certificate of credit for remaining taxes to elect a refund of that credit amount when later issued an antique automobile or antique pickup truck plate, if the credit has not been used.

Clarifies that credits for unused taxes can still be applied to like taxes owed in any county by the person holding the certificate of credit.

Takes effect July 1, 2014.