Imposition; apportionment; applicability of IC 6-8.1; exemption
from personal property and ad valorem taxes
Sec. 3. (a) There is imposed an annual license excise tax upon
commercial vehicles, which tax shall be in lieu of the ad valorem
property tax levied for state or local purposes, but in addition to any
registration fees imposed on such vehicles.
(b) Owners of commercial vehicles paying an apportioned
registration to the state under the International Registration Plan shall
pay an apportioned excise tax calculated by dividing in-state actual
miles by total fleet miles generated during the preceding year. If
in-state miles are estimated for purposes of proportional registration,
these miles are divided by total actual and estimated fleet miles.
(c) The tax imposed by this chapter is a listed tax and subject to
the provisions of IC 6-8.1.
(d) No commercial vehicle subject to taxation under this chapter
shall be assessed as personal property for the purpose of the
assessment and levy of personal property taxes or shall be subject to
ad valorem taxes first due and payable in 2001 or thereafter, whether
or not such vehicle is in fact registered pursuant to the motor vehicle
registration laws. No person shall be required to give proof of the
payment of ad valorem property taxes as a condition to the
registration of any vehicle that is subject to the tax imposed by this
chapter.
As added by P.L.181-1999, SEC.2.
Last modified: May 28, 2006