SF54 (Legislative Session 94 (2025-2026))
In lieu tax imposed on older passenger automobiles and collector vehicles expansion to motorcycles
AI Generated Summary
The bill proposes to expand a specific type of tax, which currently applies to older passenger cars and collector vehicles, to also include motorcycles. This tax, known as the "in lieu tax," would be set at $10 on the purchase price of eligible motorcycles, in addition to older passenger automobiles. This change would adjust the existing tax law governing the sale of vehicles, aligning the treatment of motorcycles with that of other older vehicles.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 15, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 15, 2025 | Senate | Floor | Action | Referred to | Transportation |
| February 02, 2025 | Senate | Floor | Action | Author added |
Citations
[
{
"analysis": {
"added": [
"Includes motorcycles in lieu of tax previously applied only to older passenger automobiles."
],
"removed": [],
"summary": "This bill amends the tax imposed on older passenger automobiles and motorcycles under section 297B02.",
"modified": [
"Amends tax rate on the purchase of specified vehicles."
]
},
"citation": "297B02"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill refers to section 297B025 for vehicle description relevant to the amended tax.",
"modified": []
},
"citation": "297B025"
}
]