Wednesday, 12 January 2022 14:03

Kentucky Lawmakers Seek to Fix Skyrocketing Motor Vehicle Property Tax Quandary

Written by Steve Bittenbender, The Center Square


...the majority of automobile owners are paying more in taxes than the true condition of the vehicle,” Flannery said.


HB6 would bar the state from using either “rough trade-in” or “clean trade-in” for assessments.


Also Jan. 10, state Sen. Jimmy Higdon, R-Lebanon, filed Senate Bill 75, which also deals with the motor vehicle tax issue.


His bill calls for using an assessed value for vehicles from the previous year. For vehicles not assessed by the state in the year before, the owner could conduct the assessment at the county property valuation administrator’s office.


Higdon said he was disheartened to see the revenue department's letter sent to county clerks.


“We have people who are dealing with a higher cost of living because of all the impacts of the coronavirus,” Higdon said. “They don’t deserve to have to pay more on this tax because of a situation out of their control.”


We thank The Center Square for reprint permission.


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