The Kentucky Motor Vehicle Property Tax Assessment office is in the process of implementing a new system by which vehicle property taxes are processed (KAVIS). While the system has changed, the legal tax assessment has not been raised. The assessment remains as a percentage ($.25 per $100) of the valuation recorded in the NADA guide.
It is illegal to market a product that does not comply with a Federal Motor Vehicle Safety Standard (FMVSS) or would take the vehicle or item of equipment out of compliance with the standard after it is installed. This requirement includes aftermarket head restraints that are outfitted with audio and video components.
A new law was enacted in 2012 to establish the California Legacy License Plate Program. The plates have been available for pre-order, and cost $50 for non-personalized or personalized plates.
Thanks to the efforts of several members of the State Automotive Enthusiast Leadership Caucus, the Michigan State Senate issued a resolution commemorating August 2013 as Automotive Heritage Month in the state.
A federal judge has ruled that the Federal Reserve improperly inflated the fees banks and card companies are allowed to charge retailers when their customers swipe debit cards.
SEMA-supported legislation to provide for the prompt issuance of titles to owners of out-of-state motor vehicles that are 35 years old or older must be signed or vetoed by Governor Pat McCrory by July 26, 2103.
Witnesses representing oil, fuel and petrochemical, livestock, automotive, food, biofuel and environmental organizations testified for two days before a U.S. House Energy and Commerce Subcommittee on whether the Renewable Fuel Standard (RFS) should be repealed or scaled back.
On July 12, 2013, SEMA members joined with SEMA staff and thousands of enthusiasts to celebrate the fourth annual Collector Car Appreciation Day (CCAD). A wide range of official events were held in the United States, Canada and Australia to commemorate the day, designated by a SEMA-requested U.S. Senate Resolution 176 sponsored by Sen. Jon Tester (D-MT) and Sen. Richard Burr (R-NC).
Legislation to repeal the requirement that retail dealers, nonretail dealers or wholesale dealers sell only gasoline blended with a specified percentage of ethanol died when the Oregon legislature adjourned for the year.
SEMA-supported legislation to provide for the prompt issuance of titles to owners of out-of-state motor vehicles that are 35 years old or older was approved by the full House of Representatives. Having already been passed by the Senate, the bill will now be sent to Governor Pat McCrory for his signature and enactment into law.