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 | | The original exemption, described in clause (i), is available to vehicles that were first registered in Connecticut (but not registered before, anywhere), on or after August 1, 1996, used exclusively to transport freight for hire and have a gross vehicle weight rating in excess of 26,000 pounds. |
 | | The two classes of vehicle that now exist are referred to in §12-81(74)(A): (i) the original exemption for vehicles in excess of 26,000 pounds GVW rating; and (ii) a new class of vehicle in excess of 55,000 pounds GVW rating. |
 | | For example, if a lessor of a motor vehicle sells both the vehicle and the lease to another entity, but the lessee who received the exemption is still using the vehicle in his trucking operation, the exemption would continue for the remainder of the five year exemption period at the original acquisition cost basis. |
| www.opm.state.ct.us /igp/grants/datagrts/cmv00gui.doc (3787 words) |
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