URGENT LEGISLATIVE ALERT (UPDATE)
Tennessee Bill to Exempt Antique Vehicles From Privilege Tax Approved by House; Moves to Governor
Identical legislation (H.B. 1487/S.B. 1688) in the Tennessee House to allow counties to exempt owners of antique motor vehicles from the privilege tax was conformed under the Senate bill and approved by the House. The bill (S.B. 1688) will now be sent to Governor Bill Haslam for his signature and enactment into law. Under the bill, the county may also only require a one-time only payment of the tax. According to the state, the average amount of the one-time tax imposed would be $43.10.
We Urge You to Contact Governor Bill Haslam (Contact Info Below) Immediately to Request His Support for S.B. 1688.
- In Tennessee, an "antique motor vehicle" is a motor vehicle over twenty-five years old with a nonmodified engine and body that is used for participation in, or transportation to and from, club activities, exhibits, tours, parades, and similar uses as a collector's item; on the highways for the purpose of selling, testing the operation of, or obtaining repairs to or maintenance; and for general transportation only on Saturday and Sunday.
- Sixty out of ninety-five counties in Tennessee impose a motor vehicle privilege tax. The average tax rate among the 60 counties that impose the tax is estimated to be $43.10.
- S.B. 1688 recognizes the fact that existing antique motor vehicles constitute a small portion of the vehicle fleet and are well-maintained, infrequently operated hobby cars and deserving of tax benefits.
DON’T DELAY! Please contact Governor Bill Haslam immediately to request his support for S.B. 1688.
Please e-mail a copy of your letter to Steve McDonald at stevem@sema.org. Also, please forward this Alert to your fellow car enthusiasts. Urge them to join the SAN and help defend the hobby! Thank you for your assistance.
Tennessee Governor Bill Haslam