SEMA again helped turn back legislation in the Washington Legislature that would have implemented a vehicle scrappage program for passenger vehicles more than 15 years old. Given the outcry of SEMA and members of the Washington vehicle hobbyist community, the House Finance Committee chose not to consider the bill before the cut-off deadline.

Under the bill, qualifying vehicles would have had to be registered for a 24-month period and in satisfactory operating condition. Replacement vehicles purchased under the plan would have been required to have an Environmental Protection Agency (EPA) highway gasoline mileage rating of at least 30 mpg. Participants in the program were to be granted a sales-tax exemption for the first $2,000 of tax paid on the purchase price. All trade-in vehicles would have been destroyed, regardless of their historical value or collector interest.

For details, contact Steve McDonald.

SEMA again helped turn back legislation in the Washington Legislature that would have implemented a vehicle scrappage program for passenger vehicles more than 15 years old. Given the outcry of SEMA and members of the Washington vehicle hobbyist community, the House Finance Committee chose not to consider the bill before the cut-off deadline.

Under the bill, qualifying vehicles would have had to be registered for a 24-month period and in satisfactory operating condition. Replacement vehicles purchased under the plan would have been required to have an Environmental Protection Agency (EPA) highway gasoline mileage rating of at least 30 mpg. Participants in the program were to be granted a sales-tax exemption for the first $2,000 of tax paid on the purchase price. All trade-in vehicles would have been destroyed, regardless of their historical value or collector interest.

For details, contact Steve McDonald.

SEMA again helped turn back legislation in the Washington Legislature that would have implemented a vehicle scrappage program for passenger vehicles more than 15 years old. Given the outcry of SEMA and members of the Washington vehicle hobbyist community, the House Finance Committee chose not to consider the bill before the cut-off deadline.

Under the bill, qualifying vehicles would have had to be registered for a 24-month period and in satisfactory operating condition. Replacement vehicles purchased under the plan would have been required to have an Environmental Protection Agency (EPA) highway gasoline mileage rating of at least 30 mpg. Participants in the program were to be granted a sales-tax exemption for the first $2,000 of tax paid on the purchase price. All trade-in vehicles would have been destroyed, regardless of their historical value or collector interest.

For details, contact Steve McDonald.

SEMA again helped turn back legislation in the Washington Legislature that would have implemented a vehicle scrappage program for passenger vehicles more than 15 years old. Given the outcry of SEMA and members of the Washington vehicle hobbyist community, the House Finance Committee chose not to consider the bill before the cut-off deadline.

Under the bill, qualifying vehicles would have had to be registered for a 24-month period and in satisfactory operating condition. Replacement vehicles purchased under the plan would have been required to have an Environmental Protection Agency (EPA) highway gasoline mileage rating of at least 30 mpg. Participants in the program were to be granted a sales-tax exemption for the first $2,000 of tax paid on the purchase price. All trade-in vehicles would have been destroyed, regardless of their historical value or collector interest.

For details, contact Steve McDonald.

A SEMA-supported bill in the West Virginia Legislature to provide owners of antique motor vehicles with a reduced personal property tax assessment has been passed by the Roads and Transportation Committee. The bill is now pending in the House Finance Committee for consideration. West Virginia law defines an "antique motor vehicle" to mean any motor vehicle which is more than 25 years old and is owned solely as a collector's item.

Under the bill, for the purposes of the property tax, the assessed value of an antique vehicle cannot exceed $200. The maximum amount of tax that could be due for an antique vehicle being titled for the first time would be 5% of the assessed value, or a maximum of $10. Thereafter, the maximum amount of personal property tax due annually would be $2 for every $100 assessed in value, or a maximum of $4.

Read more about the SEMA-supported bill. For additional details, contact Steve McDonald at stevem@sema.org.

A SEMA-supported bill in the West Virginia Legislature to provide owners of antique motor vehicles with a reduced personal property tax assessment has been passed by the Roads and Transportation Committee. The bill is now pending in the House Finance Committee for consideration. West Virginia law defines an "antique motor vehicle" to mean any motor vehicle which is more than 25 years old and is owned solely as a collector's item.

Under the bill, for the purposes of the property tax, the assessed value of an antique vehicle cannot exceed $200. The maximum amount of tax that could be due for an antique vehicle being titled for the first time would be 5% of the assessed value, or a maximum of $10. Thereafter, the maximum amount of personal property tax due annually would be $2 for every $100 assessed in value, or a maximum of $4.

Read more about the SEMA-supported bill. For additional details, contact Steve McDonald at stevem@sema.org.

A SEMA-supported bill in the West Virginia Legislature to provide owners of antique motor vehicles with a reduced personal property tax assessment has been passed by the Roads and Transportation Committee. The bill is now pending in the House Finance Committee for consideration. West Virginia law defines an "antique motor vehicle" to mean any motor vehicle which is more than 25 years old and is owned solely as a collector's item.

Under the bill, for the purposes of the property tax, the assessed value of an antique vehicle cannot exceed $200. The maximum amount of tax that could be due for an antique vehicle being titled for the first time would be 5% of the assessed value, or a maximum of $10. Thereafter, the maximum amount of personal property tax due annually would be $2 for every $100 assessed in value, or a maximum of $4.

Read more about the SEMA-supported bill. For additional details, contact Steve McDonald at stevem@sema.org.

A SEMA-supported bill in the West Virginia Legislature to provide owners of antique motor vehicles with a reduced personal property tax assessment has been passed by the Roads and Transportation Committee. The bill is now pending in the House Finance Committee for consideration. West Virginia law defines an "antique motor vehicle" to mean any motor vehicle which is more than 25 years old and is owned solely as a collector's item.

Under the bill, for the purposes of the property tax, the assessed value of an antique vehicle cannot exceed $200. The maximum amount of tax that could be due for an antique vehicle being titled for the first time would be 5% of the assessed value, or a maximum of $10. Thereafter, the maximum amount of personal property tax due annually would be $2 for every $100 assessed in value, or a maximum of $4.

Read more about the SEMA-supported bill. For additional details, contact Steve McDonald at stevem@sema.org.

SEMA is supporting a bill in the Oklahoma Legislature to reduce the annual registration fee for vehicles 25 years old and older to $5. Under current law, these vehicles are assessed at a rate of $15 per year.

Read more about the bill in the Oklahoma Legislature. For additional details, contact Steve McDonald.

SEMA is supporting a bill in the Oklahoma Legislature to reduce the annual registration fee for vehicles 25 years old and older to $5. Under current law, these vehicles are assessed at a rate of $15 per year.

Read more about the bill in the Oklahoma Legislature. For additional details, contact Steve McDonald.