LD 1551
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Page 1 of 2 An Act to Require That the Excise Tax on Motor Vehicles Be Reasonably Linked to... LD 1551 Title Page
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LR 143
Item 1

 
so-called blue books. Rules adopted pursuant to this section must
be in place no later than July 1, 2002.

 
Sec. 5. Effective date. This Act takes effect July 1, 2002, except
that section 4 of this Act takes effect 90 days after adjournment
of the First Regular Session of the 120th Legislature.

 
SUMMARY

 
This bill eliminates the existing language governing the
excise tax on motor vehicles and camper trailers, effective July
1, 2002, and replaces it with language linking the excise tax to
the actual value of the motor vehicle or camper trailer, as
determined through rules adopted by the Secretary of State.
Rulemaking conducted pursuant to this directive is major
substantive rulemaking.


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