Bill > HB167

This bill increases the vehicle excise tax rate in Maryland from 6% to 6.75% of the vehicle's fair market value, which means that when someone registers a motor vehicle, trailer, semitrailer, moped, motor scooter, or off-highway recreational vehicle, they will now pay a slightly higher tax. The bill applies to original and subsequent vehicle certificates of title where sales and use tax is not collected at the time of purchase, and also covers vehicles in interstate operation. The bill maintains existing provisions such as a $50 tax for certain trailers exempt from titling requirements and a minimum tax of $100. The legislation includes provisions for adjusting the tax if a vehicle was previously registered in another state and the owner has paid a lower tax rate. The new tax rate will take effect on July 1, 2025, and will apply to all vehicle certificates of title issued on or after that date, as well as vehicles in interstate operation registered without a certificate of title.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0167?ys=2025RS