Nebraska Gov. Dave Heineman has signed a bill into law
increasing vehicle taxes for a few hundred people in the state – and this time
it’s not truckers. The higher tax is expected to net the state about $30,000
more annually, The Associated Press reported.
The new law increases taxes on passenger vehicles and light
trucks worth more than $80,000. For top-of-the-line vehicles, the tax will
increase $40 for every $2,000 in value.
The $1,160 tax for the largest trucks will not be changed.
Existing Nebraska law requires all passenger vehicles with a
manufacturer’s suggested retail price of more than $78,000 to be taxed at
$1,460 the first year. The tax decreases over time. Vehicles more than 14 years
old are not taxed.
The new law, previously LB248, gradually increases the tax,
until it reaches $1,900 for vehicles with a price tag over $100,000. There also
will be a slight decrease in taxes for cars and light trucks valued at less
Motorcycles also are included in the same taxing schedule as
cars and light trucks.