Statutes, codes, and regulations
Nebraska Administrative Code
MOTOR VEHICLES, DEPARTMENT OFTitle 252 - NEBRASKA ADMINISTRATIVE CODE
Chapter 2 - RULES AND REGULATIONS GOVERNING THE DEPARTMENT OF MOTOR VEHICLES' PROCEDURES FOR IMPOSING FEES AND TAXES ON MOTOR VEHICLES PURSUANT TO NEB. REV. STAT. SECTIONS 60-3,184 THROUGH 60-3,191
Section 252-2-006 - EXCEPTIONS TO THE BASE TAX

252 Neb. Admin. Code, ch. 2, § 006

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Current through September 17, 2024
Section 252-2-006 - EXCEPTIONS TO THE BASE TAX
006.01Newer than Current Year Motor Vehicles.

When a motor vehicle is registered which is newer than the current model year by the manufacturer's designation, the motor vehicle is subject to the initial tax in the first registration period and 95 percent of the initial tax in the second registration period. The reduction shall apply only if the motor vehicle is owned or leased by the same person for both registration periods.

006.01AExample. In October, 2008, a 2009 passenger car is purchased at a manufacturer's suggested retail price of $20,000. The base tax is $300 and the October, 2008, tax is $300 multiplied by 1.00 or $300. The tax in October, 2009, is calculated as $300 multiplied by .95 or $285. The tax in October, 2010, is calculated as $300 multiplied by .90 (second year tax) or $270.
006.02Salvage.

When a motor vehicle is registered which is required to have a title branded as previous salvage pursuant to Neb. Rev. Stat. § 60-175, the tax shall be reduced by 25 percent.

006.03 Assembled Cabin Trailers, Assembled Recreational Vehicles, and Assembled Buses

These assembled vehicles are designated as sixth-year motor vehicles in their first year of registration for purposes of the schedules in this section.

252 Neb. Admin. Code, ch. 2, § 006