An Ordinance to Repeal Personal Property Tax Collection

Summary

Personal property taxes are collected in perpetuity, which prevents ownership of personal property. Personal property taxes are typically levied on items such as boats, cars, trailers, motorcycle, etc. Local governments are most often given the power to tax personal property or abstain. This ordinance empowers local governments with personal property taxes to repeal those taxes and encourage personal property ownership.  

An Ordinance to Repeal Personal Property Tax Collection

WHEREAS, Ordinance No. [Insert number], passed on [Insert date], established

personal property tax collection in [Insert Jurisdiction], and

WHEREAS, the [Insert State] [insert state statute] has given [Insert Jurisdiction] the

option not collect personal property taxes, and

WHEREAS, personal property taxes make it impossible for businesses and citizens to

own their property outright, because personal property taxes are collected in perpetuity,

and

WHEREAS, personal property taxes are a financial hardship for citizens and costly for

business compliance, and

WHEREAS, after discussion, review and further consideration, Council deems it in the

best interest of its citizens to encourage personal property ownership, and
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF [INSERT JURISDICTION]:

Section 1 – That [Insert Ordinance], establishing Personal Property tax collection, is

hereby dissolved.

Section 2- That this ordinance only serves to repeal personal property tax collection

from this time-forward and does not dissolve delinquent or outstanding personal

property taxes prior to this repeal.

Section 3 – That it is found and determined that all formal actions of this Council

concerning and relating to the passage of this Ordinance were adopted in an open

meeting of this Council, and that all deliberations of this Council and of any of its

committees that resulted in such formal actions were in meetings open to the public, in

compliance with all legal requirements in accordance to [Insert State Statute].