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Introduced Version House Bill 4064 History

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Key: Green = existing Code. Red = new code to be enacted
H. B. 4064


(By Delegates Perry, Hrutkay, Wells and Walters)
[Introduced January 17, 2008; referred to the
Committee on Roads and Transportation then Finance.]




A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §17A-10-3c, relating to limiting the tax assessment on antique motor vehicles.

Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §17A-10-3c, to read as follows:
ARTICLE 10. FEES FOR REGISTRATION, LICENSING, ETC.
§17A-10-3c. Antique motor vehicle tax assessment.
Notwithstanding any other provision of this code, an antique motor vehicle as defined in section three of this article is assessed for taxation purposes at the lower of its true value or five hundred dollars.

NOTE: The purpose of this bill is to limit the tax assessment on antique motor vehicles to the lower of its true value or $500.
Strike-throughs indicate language that would be stricken from the present law, and underscoring indicates new language that would be added.
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