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by Tangurena2
1029 days ago
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Generally, if the plate is for a special-interest group, part of the registration fee is a "donation" to that group. In Kentucky, part of the registration/renewal fee is an "ad valorum" tax (based on the assessed value of the vehicle). The state constitution requires taxes to be based on assessed value. This value drops every year until it hits the minimum assessable value of $200 for (land) vehicles and $100 for motor boats. |
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