Vicari Auction Supports Antique Vehicle Bill in Louisiana
Vicari Auction is hosting a legislative effort to support Bill HB520, which seeks to establish a standardized fee of $1,000 for Antique Automobile plates instead of the current sales tax for vehicles that are at least 25 years old and valued at $10,000 or more. The hearing for this bill is scheduled for Tuesday, May 6, in the Ways and Means Committee at the state Capitol.
Antique vehicle collectors are encouraged to contact their legislators to ask for support before the hearing date. The bill aims to facilitate transactions related to antique vehicles in Louisiana, aiming to reverse trends that drive collectors to register their vehicles out of state due to high sales tax rates.
Impact of Bill HB520
The bill is designed to:
- Increase the level of antique automobile activities within Louisiana.
- Boost local small businesses such as specialty paint shops and mechanics.
- Promote the antique auto industry in Louisiana through events like car shows and auctions.
Contact Information
For further details, please contact:
Vicari Auction
1900 Destrehan Ave
Harvey, LA 70058
Call: 504-264-2277
Email: stephanie@vicariauction.com
Related Links
For more information on the legislation and how other states manage antique vehicle sales, please explore the links provided in sections above or refer to your local representatives.