61-3-521. Fee in lieu of tax for certain vehicles. (1) There is a fee in lieu of property tax imposed on motor homes, travel trailers, and campers. The fee is in addition to annual registration fees.
     (2) The fee imposed by subsection (1) need not be paid by a dealer for vehicles that constitute inventory of the dealership.

     History: En. Sec. 1, Ch. 712, L. 1979; amd. Sec. 1, Ch. 13, L. 1981; amd. Sec. 10, Ch. 575, L. 1993.