Antique Vehicle Legislation Auction by Vicari Auction in Louisiana
The Vicari Auction Company is hosting an event focused on support for Bill HB520 by Representative John Illg. The bill, aimed at establishing a specialty license plate fee for antique vehicles, is scheduled for discussion before the Ways and Means Committee at the state Capitol on Tuesday, May 6.
Auction Details
Location: Vicari Auction, 1900 Destrehan Ave, Harvey, LA 70058
For further information, visit the Vicari Auction website.
Bill Overview
The proposed legislation aims to create a standardized fee of $1,000 for antique automobile plates, applicable to vehicles that are at least 25 years old and have transaction values over $10,000. This initiative seeks to increase antique vehicle transactions within Louisiana by alleviating high sales tax burdens.
Other states like Mississippi, Alabama, and North Carolina already offer favorable conditions for sales of antique vehicles through tax exemptions or fee reductions.
Contact Information
For inquiries regarding this auction event, potential participants can reach out to:
Email: stephanie@vicariauction.com
Email: stacie@vicariauction.com
Phone: 504-264-2277