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Committee tables bill to move rental vehicle excise tax to property tax
2580121 · March 12, 2025
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Summary
House Bill 2,154, which would end the excise tax on rental vehicles and subject them instead to property tax, was tabled by the committee after members expressed concern about higher consumer costs and industry impact.
The Committee on Taxation voted to table House Bill 2,154, which would discontinue the excise tax currently imposed on rental vehicles and instead impose property tax on such vehicles beginning July 1, 2025.
Why it matters: Shifting taxation from an excise paid by renters to a property tax on owners could alter rental…
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