Georgia HB297 revises the definition of "multipurpose off-highway vehicle" and exempts such vehicles from ad valorem taxation.
Georgia HB297 amends the definition of "multipurpose off-highway vehicle" to include specific features and characteristics, such as being primarily used off-highway, having a gross vehicle weight rating of less than 4,000 pounds, and a cargo capacity of 350 pounds. The bill also classifies these vehicles as a separate category for ad valorem taxation purposes and exempts them from ad valorem taxation starting January 1, 2026. The changes apply to taxable years beginning on or after January 1, 2026, and repeal any conflicting laws.
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