H97 - 2015 Appropriations Act, Sec. 29.34A: Adjust Maximum Highway Use Tax Imposed for Certain Motor Vehicles (SL 2015-241)

Overview: Sec. 29.34A of S.L. 2015-241, as amended by Sec. 10.1 of S.L. 2015-268, increases the maximum highway use tax imposed for certain motor vehicles as follows:

• Class A or Class B Commercial Motor Vehicles. From $1,000 to $2,000.
• Recreational Vehicle. From $1,500 to $2,000.
• Out-of-State Motor Vehicles. From $150 to $250.

This section becomes effective January 1, 2016, and applies to sales made on or after that date, or for purposes of alternate tax for those who rent or lease motor vehicles, a lease or rental agreement entered into on or after that date.