First off, she's lying, they are not banning classic cars with this bill. Bad way to start.
What they are changing is the issuance and usage of cars with the special classic car license plate.
Near as I can tell, if you register your hot-rod normal like, you are not constrained by the new rules.
At the moment you pay $13.50 for a rear plate or, optionally, $15.50 for front and rear plates; plus $150 for sales tax and $25 one-time registration. It's always been the law that you can't use it for "general transportation purposes." So $178.50 and your car is registered forever in Minnesota.
General transportation purposes is not actually defined.
The proposed bill really defines, and limits, what you can do with your special, lifetime, registered car.
I am not that shocked that they went very restricted.
But you takes the tax break, you takes what restrictions come with it.
This is not going to destroy the hobby and most people who actually qualify for the plate as it was originally intended have the money to register and insure their cars with normal plates and can drive as much as they like, anywhere they like.
Betcha that there's a lot of shitboxes that are 2006 and older that have a "Collector's Vehicle, collector plate" who are doing it to avoid the 10% of original MSRP plus 1.575% of current value.
For reference a '69 Chevelle's MSRP is in the $2,600 ballpark. Current value is VERY subjective, so let's say $50k because that's what Autotempest says. So $1,047.50 a year to register your '69 Chevelle in Minnesota. That's steep.
A 2006 Toyota Corolla ran $14,725 sticker price and is worth $6,500 today. $1,574.88 a year.
See the incentive to call your shitbox a collector car?
The Rat Rod people have also made it difficult to make a, "is this a collector car?" decision on condition.
Club memberships don't really help either, there's scads of Ricer clubs that will include that Corolla.
Considering that I paid $250 total for three cars in Florida, I can see that the real problem isn't the definition of "Hot Rod" but a rapacious and greedy Democrat controlled government.
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