As Amended
SEC. 27-19-47.1. [Special license tags or plates; antique motorcycles.]
(1) Any citizen of the State of Mississippi who owns a registered antique
motorcycle
may apply to the tax collector in the county of his legal residence,
on forms prescribed by the State
Tax Commission, for a special antique motorcycle plate to be displayed
on such antique motorcycle.
Upon receipt of an application for a special antique motorcycle plate,
on a form prescribed by the
commission, and upon payment of the fee as prescribed in subsection
(2) of this section, the tax
collector shall issue to such applicant a special antique motorcycle
plate on a permanent basis, and it
shall bear no date, but shall bear the inscription "Antique Motorcycle--Mississippi"
and shall be valid
without renewal as long as the motorcycle is in existence. This special
plate shall be issued for the
applicant's use only for such motorcycle and in the event of a transfer
of title, the owner shall
surrender the special plate to the tax collector.
Such special antique motorcycle plate shall be issued in lieu of, and
shall have the same legal
significance as, ordinary registration plates.
(2) In lieu of the annual license tax and registration fees levied under
Mississippi law, a special license
tax fee shall be levied on the operation of antique motorcycles. The
fee for a license shall be
Twenty-five Dollars ($25.00) and it shall be issued on a permanent
basis without renewal. The fee,
less five percent (5%) thereof to be retained by the county tax collector,
shall be remitted to the State
Tax Commission within seven (7) days of the date the application for
the special license tag is made.
The portion of the additional fee retained by the tax collector shall
be deposited into the county
general fund. The portion of the fee remitted to the tax commission
shall be deposited into the State
Treasury on the day it is received and shall be deposited by the State
Treasurer into the State
General Fund.
(3) For the purposes of this section, motorcycles manufactured more
than twenty-five (25) years ago
shall hereafter be classified as antique motorcycles and shall be exempt
from all ad valorem taxes
levied by both state, municipal, county and other taxing districts.
SOURCE: 1997 Laws, Chapter 552, Sec. 1, HB137, Effective July 1, 1997.