SEMA eNews Vol. 16, No. 8, February 21, 2013

Virginia Bill to Benefit Vehicle Restoration Projects Approved by Legislature

By SEMA Washington, D.C., Staff 

Legislation containing a SEMA-drafted amendment to totally exempt from the license tax all vehicles and parts cars stored on private property for the purpose of restoration or repair was approved by the Virginia State Legislature and will now be sent to the governor for his signature and enactment into law. The license tax is applied to vehicles that do not display current license plates. Under the bill, vehicles stored within a structure would also remain exempt from the tax. 

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

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