AN ACT CONCERNING PERSONAL PROPERTY TAX EXEMPTIONS FOR MOTOR VEHICLES USED EXCLUSIVELY FOR FARMING.

SB 1183 exempts motor vehicles used exclusively for farming from local property taxes, effective October 1, 2025. It directly affects farmers, farming partnerships, or family-owned farming corporations (with majority family ownership) who qualify under specific standards. The exemption covers the assessed value of up to $100,000 per vehicle, applies only once per qualifying entity, and excludes these vehicles from the tax calculation under Section 12-81. This replaces the previous exemption language that did not explicitly include motor vehicles.