SEMA eNews Vol. 18, No. 10, March 5, 2015

West Virginia Bill Sets Limit on Property Taxes Paid on Antique Motor Vehicles

By SEMA Washington, D.C., Staff

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Under a bill introduced in the West Virginia Legislature, any vehicle that is registered as an antique motor vehicle and that is not used for general transportation would be assigned an appraised value of $3,000 or less for purposes of property taxes.
   

A bill to limit property taxes paid by owners of antique motor vehicles was introduced in the West Virginia Legislature. Under the bill, any vehicle that is registered as an antique motor vehicle and that is not used for general transportation would be assigned an appraised value of $3,000 or less for purposes of property taxes.

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.

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

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