Citations Affected: IC 6-6-5-7.5 ; IC 9-18-4-7.
Synopsis: Excise tax rebate for license plate renewal by mail. Provides
that the owner of a vehicle who renews the registration of the vehicle
by mail is entitled to a reduction in the amount of motor vehicle excise
tax due equal to the lesser of the amount of motor vehicle excise tax
imposed for the use of the vehicle or $25.
Effective: January 1, 2002.
January 11, 2001, read first time and referred to Committee on Finance.
A BILL FOR AN ACT to amend the Indiana Code concerning
IS ADDED TO THE INDIANA CODE
AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
JANUARY 1, 2002]: Sec. 7.5. (a) The owner of a vehicle who renews
the registration of the vehicle by mail under
is entitled to
a reduction in the amount of taxes due under this chapter.
(b) The reduction provided under subsection (a) is equal to the lesser of:
(1) the annual license excise tax imposed under section 5 of this chapter for use of the vehicle by the owner of the vehicle for the year; or
(2) twenty-five dollars ($25).
SECTION 2. IC 9-18-4-7 , AS AMENDED BY P.L.29-2000, SECTION 1, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2002]: Sec. 7. (a) The bureau may:
(1) prescribe forms; and
(2) adopt rules;
to implement this chapter.