Tennessee Bill to Exempt Antique Vehicles From Privilege Tax Signed into Law

By SEMA Washington, D.C., Staff

Tennessee Governor Bill Haslam signed into law SEMA-supported legislation to allow counties to exempt owners of antique motor vehicles from the privilege tax.

SEMA-supported legislation to allow counties to exempt owners of antique motor vehicles from the privilege tax was signed into law by Governor Bill Haslam. Under the new law, the county may also only require a one-time-only payment of the tax. According to the state, the average amount of the one-time tax imposed would be $43.10. Sixty out of 95 counties in Tennessee impose a motor vehicle privilege tax.

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