Car Tax Relief Act

What is the Personal Property Tax Relief Act?

The Personal Property Tax Relief Act of 1998 provides tax relief for passenger cars, motorcycles, and pickup or panel trucks having a registered gross weight of less than 7,501 pounds. Motor homes, trailers and farm use vehicles do not qualify for tax relief.

Vehicle Certification Requirements

If you can answer yes to any of the following questions, your vehicle is considered by State Code to have a business use and does not qualify for Tax Relief:

  1. Is more than 50% of the mileage for the year used as a business expense for Federal Income Tax purposes or reimbursed by an employer?
  2. Is more than 50% of the depreciation associated with the vehicle deducted as a business expense for Federal Income Tax purposes?
  3. Is the cost of the vehicle expensed pursuant to Section 179 of the Internal Revenue Code?
  4. Does an individual lease the vehicle and the leasing company pays the tax without reimbursement from the individual?