§6040. Exemption; antique motor vehicle

            A. No tax imposed by the state or by any parish, municipality, school board, or any other political subdivision shall be applicable to the sale of an antique motor vehicle as defined in Subsection B of this Section. The exemption from local sales and use taxes contained in this Section shall be granted notwithstanding any other provision of law to the contrary.

            B. For purposes of this Section, the term "antique motor vehicle" shall mean a motor vehicle which meets the following criteria:

            (1) The vehicle was manufactured at least twenty-five years ago and is not used for commercial purposes.

            (2) The motor vehicle is valued in excess of ten thousand dollars.

            C. Registration and licensing of the vehicle is subject to the payment of fees for a license plate for an antique vehicle as provided in R.S. 47:463.8(B).

            Acts 2019, No. 364, §1, eff. July 1, 2019.

            NOTE: See Acts 2019, No. 364, re: applicability.