| Be it enacted by the People of the State of Maine as follows: |
|
| | Sec. 1. 29-A MRSA §531, sub-§6, as enacted by PL 1995, c. 440, §1 and | affected by §5, is amended to read: |
|
| | 6. Excise tax on commercial vehicles operated by nonresident | owners. Nonresident owners of motor vehicles paying an | apportioned registration fee to the State through the | International Registration Plan shall pay to the Secretary of | State an apportioned excise tax determined by multiplying the | apportioned mileage percentage by the purchase price of the | vehicle and by the appropriate mill rate excise tax for the model | year as determined in Title 36, section 1482, subsection 1, | paragraph C. |
|
| | Sec. 2. 29-A MRSA §533-A, sub-§3, ¶A, as enacted by PL 1997, c. 505, | §2, is amended to read: |
|
| A. Between July 1st and September 30th, the Secretary of | State shall disburse to a participating municipality a sum | equal to the difference in the amount of excise tax that | would have been collected by that municipality in the prior | fiscal year on each commercial motor vehicle under Title 36, | section 1482, subsection 1, paragraph C, subparagraph (3) | using the manufacturer's suggested retail price from the | amount of that excise tax actually collected by that | municipality in the prior fiscal year based on the actual | purchase price. The Secretary of State shall provide | supporting documentation to a municipality regarding the | disbursement that municipality receives under this section. |
|
| | Sec. 3. 36 MRSA §1482, sub-§1, ¶C, as amended by PL 1995, c. 645, Pt. | B, §23 and affected by §24, is repealed and the following enacted | in its place: |
|
| C.__For the privilege of operating a motor vehicle or camper | trailer on the public ways, each motor vehicle, other than a | stock race car, or each camper trailer to be so operated is | subject to excise tax that is reasonable and linked to the | actual value of the motor vehicle or camper trailer, as | determined through rules adopted by the Secretary of State.__ | Rules adopted pursuant to this paragraph are major | substantive rules as defined in Title 5, chapter 375, | subchapter II-A. |
|
| | Sec. 4. Rulemaking. The Secretary of State shall propose rules in | accordance with section 3 of this Act, linking the excise tax to | the actual value of the vehicle, as evidenced by factors | including, but not limited to, the initial purchase price, | depreciation, comparable worth and values included in the various |
|
|