Legislative Tracker

HB 327 Alternative ad valorem tax; motor vehicles; change manner for determining fair market value

Voted on Wednesday February 21, 2018

Michael Caldwell's thoughts

This legislation set TAVT to be calculated based on the retail (true market) price, lowers the tax from 7% to 6.75%, addresses the "welcome to Georgia tax", eliminates the ability for the DOR to increase the fee, and addresses issues with leasing..

More information on legis.ga.gov
Majority vote: Yea

Voting total data is not yet available. Voting totals are usually posted within 24 hours of a vote.

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