AN ACT REPLACING THE MUNICIPAL PROPERTY TAX ON MOTOR VEHICLES WITH A STATE-WIDE PROPERTY TAX ON MOTOR VEHICLES.
To (1) replace the municipal property tax on motor vehicles with a state-wide property tax on motor vehicles at a fixed mill rate across the state, and (2) require the revenue generated from such tax to be distributed to municipalities based on the resulting revenue loss incurred by each municipality.
Introduced by:Rep. Brandon Chafee, 33rd Dist.
|New today||2-4 days old||5 days & older|
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Co-sponsors for Amendment LCO:
|1/18/2023||Referred to Joint Committee on Finance, Revenue and Bonding|