SEMA DEFEATS VERMONT SCRAPPAGE PROGRAM

SEMA defeated a bill in the Vermont State Senate that would have implemented a vehicle scrappage program and financed it with a progressive purchase and use tax and higher registration fees for some new motor vehicles based on fuel-efficiency ratings. Funds collected under the program would have been used to dismantle vehicles deemed by the state to be “clunkers,” regardless of their historical value or collector interest.

If this effort had been successful, purchasing the vehicle of choice could have been significantly more costly. Further, this proposed scrappage program could have denied hobbyists the availability of vintage cars and parts for restoration projects.

For details, contact Steve McDonald at stevem@sema.org.