The motor vehicle property tax in Connecticut
The motor vehicle property tax in Connecticut
Lawrence Walters
Connecticut State Tax Panel Presentation Hartford, 17 Nov 2015
Presentation Outline
? Overview of the motor vehicle property tax
? Comparison with other states ? Administrative challenges ? Policy options
Overview of the personal property tax
Net Motor Vehicle Assessed Value as a Percent of Total Net Grand List
Percent of Total Net Grand List
8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0%
7.3% 2004
6.7% 2005
6.4% 2006
5.8% 2007
5.3% 2008
5.2% 2009
5.6% 2010
5.9% 2011
6.2% 2012
6.4% 2013
Gross Assessed Motor Vehicle Value
Gross Assesed Value (millions)
24,000 23,500 23,000 22,500 22,000 21,500 21,000 20,500 20,000 19,500
2008
2009
2010
2011
2012
2013
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