SB 183 - Current law requires assessors to use the National Automobile Dealers' Association Official Used Car Guide to determine the true value of motor vehicles. This act instead requires assessors to use the manufacturer's suggested retail price (MSRP) published in a nationally-recognized automotive trade publication chosen by the State Tax Commission. The publication chosen by the Commission shall be used for periods of at least three years and may be reauthorized by the Commission. Beginning January 1, 2026, assessors shall apply the twenty-five year depreciation table provided in the act to determine the assessed value of a motor vehicle. In no case shall the assessed value of a vehicle be less that one hundred dollars. This act is substantially similar to HB 816 (2025), SS/SCS/SB 799 (2024), HCS/HB 1690 (2024), HB 2358 (2024), SS/SCS/SB 8 (2023), and SB 493 (2023), and to a provision in SS#2/SCS/HB 199 (2025), HCS/SCS/SB 163 (2025), SB 264 (2025), HB 43 (2025), SCS/HCS/HB 247 (2025), HB 464 (2025), SCS/HB 629 (2025), HB 660 (2025), HB 776 (2025), HB 2403 (2024), HCS/SS/SB 23 (2023), HCS/SS#3/SCS/SB 131 (2023), SS/SCS/SB 133 (2023), as amended, HCS/SS/SB 143 (2023), HCS/SB 247 (2023), and SCS/HCS#2/HB 713 (2023). JOSH NORBERG