For qualifying vehicles, your personal property taxes will be affected as follows:
Tax Year - 1998 12.5% refund (from the State) of tax amount paid
Tax Year - 1999 27.5% reduction shown on your tax bill
Tax Year - 2000 47.5% reduction shown on your tax bill
Tax Year - 2001 70% reduction shown on your tax bill
Tax Year - 2002 70% reduction shown on your tax bill
Tax Year - 2003 70% reduction shown on your tax bill
Tax Year - 2004 70% reduction shown on your tax bill
Tax Year - 2005 70% reduction shown on your tax bill
Tax Year - 2006 57% reduction shown on your tax bill
Tax Year - 2007 56% reduction shown on your tax bill
Tax Year - 2008 54% reduction shown on your tax bill
Tax Year - 2009 58% reduction shown on your tax bill
Tax Year - 2010 60% reduction shown on your tax bill
Tax Year - 2011 58% reduction shown on your tax bill
Tax Year - 2012 58% reduction shown on your tax bill
Tax Year - 2013 58% reduction shown on your tax bill
Tax Year - 2014 58% reduction shown on your tax bill
Tax Year - 2015 61% reduction shown on your tax bill
Tax Year - 2016 54% reduction shown on your tax bill
Tax Year - 2017 53.7% reduction shown on your tax bill
Tax Year - 2018 52% reduction shown on your tax bill
Tax Year - 2019 50.5% reduction shown on your bill
Tax Year - 2020 48.8% reduction shown on your bill
Tax Year - 2021 48.7% reduction shown on your bill