Indiana RVers May Get Tax Relief

Indiana ranks among the top producing states of recreational vehicles, but don't think residents are getting a break from what the RV industry brings to the economy. In a quirky twist of the law, knowing how much it'll cost to license your RV in the Hoosier state is just about unpredictable. Why so? Because RV license rates are based on a "personal property tax" system, rather than through an excise tax system, as autos and trucks are.

As a result, county officials are charged with determining the "assessed value" of an RV, then the local tax rate is applied to that value. As a result there isn't a great deal of consistency across the state. Under a proposed law, RVs would be taken off the personal property tax rolls and onto the state's excise tax system.

If the law passes it will go into effect in 2010. Check out more information in the South Bend Tribune.