For all buses, the weight distance tax shall be computed in accordance with the following schedule:
Declared Gross Weight | Tax Rate | |||
(Gross Vehicle Weight) | (Mills per Mile) | |||
26,001 to 28,000 | 11.01 | |||
28,001 to 30,000 | 11.88 | |||
30,001 to 32,000 | 12.77 | |||
32,001 to 34,000 | 13.64 | |||
34,001 to 36,000 | 14.52 | |||
36,001 to 38,000 | 15.39 | |||
38,001 to 40,000 | 16.73 | |||
40,001 to 42,000 | 18.05 | |||
42,001 to 44,000 | 19.36 | |||
44,001 to 46,000 | 20.69 | |||
46,001 to 48,000 | 22.01 | |||
48,001 to 50,000 | 23.33 | |||
50,001 to 52,000 | 24.65 | |||
52,001 to 54,000 | 25.96 | |||
54,001 and over | 27.29. |
History: 1978 Comp., § 7-15A-7, enacted by Laws 1988, ch. 73, § 34; 2003 (1st S.S.), ch. 3, § 5; 2004, ch. 59, § 2.
ANNOTATIONSThe 2004 amendments, effective July 1, 2004, amended Subsection A to change the gross vehicle weight of "26,000" to "26,001".
The 2003 (1st S.S.) amendment, effective July 1, 2004, increased each of the tax rates by approximately 38%.