Tidal Fish Forum banner

1 - 3 of 3 Posts

·
Registered
Joined
·
114 Posts
Discussion Starter · #1 ·
Not sure what the purpose of this is bill is except to generate revenue as some localities already have this type of fee. Hopefully, I will be able to find out more.

SB 820 Motorboats; authorizes county, city, or town to impose registration fee on certain.

Patron: Mamie E. Locke

Summary as introduced:
Local motorboat registration fee. Authorizes a county, city, or town to impose a local motorboat registration fee on motorboats subject to the locality's tangible personal property tax. Each registration would be for a period of 36 months. For purposes of the fee, the bill also would create separate classifications for motorboats weighing less than five tons and motorboats weighing five tons or more.
 

·
Registered
Joined
·
2,306 Posts
A prime example is Maryland's cigarette tax. Since they have added a $2/pack tax, sales have dropped almost 60% in some areas. The intention was to get people to stop smoking, but all they did was to send them to other states to purchase them. One guy I know that runs a small gas station told me his sales have dropped 65% and he is going to stop selling because it's costing him too much along with the audits from the manufacturers and the state.
 
1 - 3 of 3 Posts
Top