Providing a one-time, nonrefundable vehicle registration property tax credit for eligible vehicles.

Summary

The bill creates a single $250 credit against the property tax due when a vehicle is registered, renewed, or its tax is paid during fiscal year 2027. It applies to buses, motorcycles, passenger cars, recreational vehicles, trailers and trucks, but the credit cannot exceed the tax owed and is not refundable. Funding would come from the state’s budget stabilization fund, but the measure failed and died in committee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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