AN ACT CONCERNING THE ASSESSMENT OF CERTAIN MOTOR VEHICLES.
To specify that older motor vehicles shall be assessed at a rate of ten per cent of the manufacturer's suggested retail price or five hundred dollars, whichever is less, except that in a municipality that has elected to adopt a modified depreciation schedule, such motor vehicles shall be assessed at a rate of fifteen per cent of the manufacturer's suggested retail price or five hundred dollars, whichever is less.
Introduced by:
Planning and Development Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Raised Bill [doc] |
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Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 2/20/2026 | Public Hearing 02/27 | ||
| 2/19/2026 | Referred to Joint Committee on Planning and Development |
Co-sponsors of HB-5285
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