SEMA eNews Vol. 18, No. 4, January 22, 2015

Kentucky Reintroduces Bill to Assess Motor Vehicles for Property Tax

By SEMA Washington, D.C., Staff

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Kentucky has reintroduced legislation to put in place a new valuation procedure for older vehicles.

Kentucky has reintroduced legislation to put in place a new valuation procedure for older vehicles. Under the bill, vehicles 20 years old or older would no longer be presumed to be in "original factory" or "classic" condition. 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.

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