By SEMA Washington, D.C., Staff
SEMA-opposed legislation that raised the assessed value of antique, rare or special-interest motor vehicles, along with placing a cap on the number of miles those vehicles can be driven, died when the legislature adjourned for the year. Under the bill, the valuation of these vehicles would have increased to a maximum value of $1,000. The current valuation limit in the state is $500. The bill included a 2,000-mile cap on the distance these vehicles could be driven in a two-year period. Further, the measure would have required vehicles seeking registration as antique, rare or special-interest motor vehicles or as modified antique motor vehicles to be at least 30 years old. Currently, vehicles 20 years old or older are eligible for this status and special license plates.
For details, contact Steve McDonald at stevem@sema.org.