By SEMA Washington, D.C., Staff

Kentucky Senate Transportation Committee approved legislation to put in place a new valuation procedure for older vehicles.

Legislation to put in place a new valuation procedure for older vehicles was approved by the Kentucky Senate Transportation Committee and now moves to a vote by the full Senate. The bill has already been approved by the House. Under the bill, vehicles 20 years old or older would no longer be presumed to be in "original factory" or "classic" condition. Original factory and classic vehicles are currently assessed as high-value collectibles. This measure instead provides three options for assessing the value of these vehicles.

For more information, visit the SEMA Action Network (SAN) website. For details, contact Steve McDonald at stevem@sema.org.

By SEMA Washington, D.C., Staff

Kentucky Senate Transportation Committee approved legislation to put in place a new valuation procedure for older vehicles.

Legislation to put in place a new valuation procedure for older vehicles was approved by the Kentucky Senate Transportation Committee and now moves to a vote by the full Senate. The bill has already been approved by the House. Under the bill, vehicles 20 years old or older would no longer be presumed to be in "original factory" or "classic" condition. Original factory and classic vehicles are currently assessed as high-value collectibles. This measure instead provides three options for assessing the value of these vehicles.

For more information, visit the SEMA Action Network (SAN) website. For details, contact Steve McDonald at stevem@sema.org.

By SEMA Washington, D.C., Staff

Kentucky Senate Transportation Committee approved legislation to put in place a new valuation procedure for older vehicles.

Legislation to put in place a new valuation procedure for older vehicles was approved by the Kentucky Senate Transportation Committee and now moves to a vote by the full Senate. The bill has already been approved by the House. Under the bill, vehicles 20 years old or older would no longer be presumed to be in "original factory" or "classic" condition. Original factory and classic vehicles are currently assessed as high-value collectibles. This measure instead provides three options for assessing the value of these vehicles.

For more information, visit the SEMA Action Network (SAN) website. For details, contact Steve McDonald at stevem@sema.org.

By SEMA Washington, D.C., Staff

Kentucky Senate Transportation Committee approved legislation to put in place a new valuation procedure for older vehicles.

Legislation to put in place a new valuation procedure for older vehicles was approved by the Kentucky Senate Transportation Committee and now moves to a vote by the full Senate. The bill has already been approved by the House. Under the bill, vehicles 20 years old or older would no longer be presumed to be in "original factory" or "classic" condition. Original factory and classic vehicles are currently assessed as high-value collectibles. This measure instead provides three options for assessing the value of these vehicles.

For more information, visit the SEMA Action Network (SAN) website. For details, contact Steve McDonald at stevem@sema.org.

By SEMA Washington, D.C., Staff

The Senate Transportation Committee approved legislation to direct the Center for Urban Transportation to undertake a study on the impact of implementing a system that charges drivers based on vehicle miles traveled.

Legislation to direct the Center for Urban Transportation to undertake a study on the impact of implementing a system that charges drivers based on vehicle miles traveled (VMT) was approved by the Senate Transportation Committee. The bill will next be considered by the Regulated Industries Committee.

Under the bill, the Center for Urban Transportation, in consultation with the Florida Transportation Commission, would establish a pilot program to study the feasibility of implementing a system that charges drivers based on VMT. The program would analyze a VMT tax as an alternative to the current gas tax structure to fund transportation projects.

For more information, visit the SEMA Action Network website. For details, contact Steve McDonald at stevem@sema.org.

By SEMA Washington, D.C., Staff

The Senate Transportation Committee approved legislation to direct the Center for Urban Transportation to undertake a study on the impact of implementing a system that charges drivers based on vehicle miles traveled.

Legislation to direct the Center for Urban Transportation to undertake a study on the impact of implementing a system that charges drivers based on vehicle miles traveled (VMT) was approved by the Senate Transportation Committee. The bill will next be considered by the Regulated Industries Committee.

Under the bill, the Center for Urban Transportation, in consultation with the Florida Transportation Commission, would establish a pilot program to study the feasibility of implementing a system that charges drivers based on VMT. The program would analyze a VMT tax as an alternative to the current gas tax structure to fund transportation projects.

For more information, visit the SEMA Action Network website. For details, contact Steve McDonald at stevem@sema.org.