Legislation (H.B. 5405) that threatened to increase the age requirement for vehicles eligible for registration as “antique, rare or special interest motor vehicles” died when the Connecticut Legislature adjourned for the year, suffering the same fate as an identical bill last year. The bill had been approved by the Joint Committee on Planning and Development by a narrow 10-9 vote. Under the measure, vehicles seeking registration as antique, rare or special interest motor vehicles would have been required to be at least 30 years old. Currently, vehicles 20 years old or older are eligible for this status and special license plates. For the purpose of property taxes, the bill also increased the maximum assessment of these vehicles to $2,500. Antique, rare or special interest motor vehicles are currently assessed at a rate of $500 and owners pay personal property taxes on that amount.
Thank you and congratulations to all who participated in opposing this bill.
No comments:
Post a Comment