Motor vehicle registration tax modified, registration tax rebate provided, and money appropriated.

Summary

The bill changes the way registration tax is calculated for passenger automobiles and hearses, setting a $10 base fee plus a percentage of the vehicle’s MSRP that differs by registration date and vehicle age. It also bars the inclusion of optional equipment and most destination charges in the tax calculation. The measure includes a provision for a registration tax rebate and appropriates money, though the rebate details are not specified in the excerpt.

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

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