61-3-529: Schedule of fees for buses, motor vehicles having rated capacity of more than 1 ton, and truck tractors -- proration -- exemption.

(1) (a) There is an annual fee in lieu of property tax imposed on buses, trucks having a manufacturer's rated capacity of more than 1 ton, and truck tractors. The fee is in addition to annual registration fees.

(b) The fee imposed by subsection (1)(a) is not required to be paid by a dealer of buses, trucks, or truck tractors that constitute inventory of the dealership.

(2) Subject to the conditions of subsection (4), the owner of a bus, truck with a manufacturer's rated capacity of more than 1 ton, or truck tractor shall pay a fee in lieu of tax based on the age and manufacturer's rated capacity of the motor vehicle according to the following schedule:

Age of Motor Vehicle Rated Capacity (in pounds)

(in years) 16,999 or less 17,000-26,999 27,000-54,999 55,000 or more

1 or less $117 $167 $284 $375

2 109 150 250 300

3 100 134 220 266

4 92 117 184 242

5 83 109 160 195

6 75 100 134 167

7 66 91 117 147

8 58 83 100 125

9 50 75 92 109

10 41 58 79 92

11-12 33 50 67 76

13-14 28 37 52 61

15-16 25 30 38 47

17-18 18 26 29 36

19-20 13 19 22 26

21 or more 10 12 16 20

(3) The age of the motor vehicle must be determined under 61-3-501.

(4) (a) The manufacturer's rated capacity for a bus or truck with a manufacturer's rated capacity of more than 1 ton is the manufacturer's rated gross vehicle weight.

(b) The manufacturer's rated capacity for a truck tractor is the manufacturer's rated gross combined weight.

(5) Except as provided in 61-3-520, the fee in lieu of tax on a motor vehicle subject to this section that is brought or driven into this state by a nonresident person for hire, compensation, or profit must be prorated as determined and paid under 61-3-701.

(6) The fee in lieu of tax may not be refunded.