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Virginia Bill for License Tax Exemption Approved

License Tax Exeption for Project and Parts Cars in Virginia
Posted February 28 2013 03:40 PM by HPP_EDITOR 
Filed under: Pontiac News, Tom DeMauro

 FROM SEMA:

Virginia Bill to Benefit Vehicle Restoration Projects Approved by House


Legislation containing a SEMA amendment to totally exempt from the license tax vehicles and parts cars stored on private property for the purpose of restoration or repair was approved by the House of Delegates. The license tax is applied to vehicles that do not display current license plates. Under the bill, vehicles stored within a structure would remain exempt from the tax. The bill will next be considered by the Virginia Senate Transportation Committee.  

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


 



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