Louisiana Introduces Bill to Exempt Antique Vehicles from State and Local Sales Tax

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Overview: Louisiana has introduced SAN-supported legislation (H.B. 641) to exempt the sale of antique vehicles from the state and local sales tax. This bill requires vehicles that are at least 25 years old and registered as “antique” not be used for commercial purposes and must have a value of at least $10,000. Currently, no exemption from the state and local sales tax exists for antique vehicles. The bill awaits consideration in the House Committee on Ways and Means.