Valuation of vehicles and campers

Ind. Code § 6-6-5.1-11, under Chapter 5.1. Excise Tax on Recreational Vehicles and Truck Campers.

Ind. Code § 6-6-5.1-11

Sec. 11. The bureau shall adopt rules under IC 4-22-2 to determine the value of recreational vehicles and truck campers as a basis for measuring the excise tax imposed by this chapter. The rules must determine the value of a recreational vehicle or truck camper at the time the recreational vehicle or truck camper is first offered for sale in Indiana. As added by P.L.131-2008, SEC.22. Amended by P.L.256-2017, SEC.52.

IC 6-6-5.1-12 Vehicle and camper classification Sec. 12. The bureau shall classify each recreational vehicle and truck camper according to the following classification schedule by the value determined for the recreational vehicle or truck camper under section 11 of this chapter: Class I less than $2,250 Class II at least $ 2,250 but less than $ 4,000 Class III at least $ 4,000 but less than $ 7,000 Class IV at least $ 7,000 but less than $ 10,000 Class V at least $10,000 but less than $ 15,000 Class VI at least $15,000 but less than $ 22,000 Class VII at least $22,000 but less than $ 30,000 Class VIII at least $30,000 but less than $ 42,500 Class IX at least $42,500 but less than $ 50,000 Class X at least $50,000 but less than $ 60,000 Class XI at least $60,000 but less than $ 70,000 Class XII at least $70,000 but less than $ 80,000 Class XIII at least $80,000 but less than $ 90,000 Class XIV at least $90,000 but less than $100,000 Class XV at least $100,000 but less than $150,000 Class XVI at least $150,000 but less than $200,000 Class XVII at least $200,000 As added by P.L.131-2008, SEC.22. Amended by P.L.256-2017, SEC.53.