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Bill > HB925


MD HB925

MD HB925
Vehicle Excise Tax - Rate Increase


summary

Introduced
02/02/2024
In Committee
02/02/2024
Crossed Over
Passed
Dead
04/08/2024

Introduced Session

2024 Regular Session

Bill Summary

Increasing the vehicle excise tax rate from 6% to 6.5%.

AI Summary

This bill proposes to increase the vehicle excise tax rate in Maryland from 6% to 6.5%. The vehicle excise tax is a tax imposed on the issuance of a motor vehicle certificate of title or the registration of certain vehicles without a certificate of title. The bill specifies that this new tax rate will apply to all certificates of title issued and vehicles registered on or after July 1, 2024.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

House Ways and Means Hearing (13:00:00 2/20/2024 ) (on 02/20/2024)

bill text


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