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LSV changes

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  #16  
Old 05-02-2013, 01:44 PM
Cantwaittoarrive Cantwaittoarrive is offline
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Instead of doing something important.
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Old 05-02-2013, 02:20 PM
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Old 05-02-2013, 05:35 PM
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I just found out this afternoon that the LSV ( Low Speed Vehicle Law ) has passed and its up to our Governor to sign the bill into law. Congratulation to Marlene O'Toole and her staff, she has been working on this bill for a long time.
Thanks JD! Frank at Sta-rite will be able to reprogram Tomberlin carts. Cost ~$100.00. Law takes affect 1 Jul. 2013. Plan on having mine done next time I'm @ TV.
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Old 05-02-2013, 06:30 PM
ssmith ssmith is offline
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Default Just a question....

....although the Gem car can go on the multimodal paths, is the structure and materials for the multimodal path sufficient to hold up to these if there are many that use them?
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  #20  
Old 05-02-2013, 06:54 PM
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Thanks JD! Frank at Sta-rite will be able to reprogram Tomberlin carts. Cost ~$100.00. Law takes affect 1 Jul. 2013. Plan on having mine done next time I'm @ TV.
don't forget your div of motor vehicle paperwork and decal - $40 i think.
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  #21  
Old 05-02-2013, 08:14 PM
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don't forget your div of motor vehicle paperwork and decal - $40 i think.
Correct and got it cover. Thanks!
  #22  
Old 05-05-2013, 10:01 AM
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Correct and got it cover. Thanks!
Looks to me like they want their cake and to eat it too. First they get a tax break for buying it. Then they decide they don't want to pay the associated fees. Now they convert it back and get to keep the tax break. Only in America!
  #23  
Old 05-05-2013, 10:43 AM
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Looks to me like they want their cake and to eat it too. First they get a tax break for buying it. Then they decide they don't want to pay the associated fees. Now they convert it back and get to keep the tax break. Only in America!
amen!

and whose $$ funded those tax breaks?
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Old 05-05-2013, 01:45 PM
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Looks to me like they want their cake and to eat it too. First they get a tax break for buying it. Then they decide they don't want to pay the associated fees. Now they convert it back and get to keep the tax break. Only in America!
Excuse me...my cart is a 2013 and I got no tax break! Need to know the facts before making statements that are not true!!!!
  #25  
Old 05-05-2013, 02:45 PM
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Excuse me...my cart is a 2013 and I got no tax break! Need to know the facts before making statements that are not true!!!!
perhaps you bought too late:
http://www.irs.gov/Businesses/Plug-I...30-and-IRC-30D)
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  #26  
Old 05-05-2013, 03:23 PM
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I thought the bill said the LSV had to be converted to a golf cart? I guess we will have to wait and see the exact wording.
  #27  
Old 05-05-2013, 03:23 PM
justjim justjim is offline
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Default Tax Credit Available to All

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Originally Posted by njbchbum View Post
amen!

and whose $$ funded those tax breaks?
Tax break was available to anyone wanting to buy a LSV. If I remember correctly, the tax credit (2010 I think) was around $5,000---a little more or less depending on the cart you purchased. The various dealers charged an average of $2,500-$3,000 MORE for the cart and made out "big time" as about the only difference I saw was safety belts. The one I looked at had the same motor but was geared slightly different to get it up to 25mph. In order to get insurance---about $1000---$1200 per year---another "rip off" IMHO. Bottom line---the "deal" was pretty much another government boondoggle. However, for those that wanted or needed an LSV when the tax break was offered it was a good time to buy one. Remember, not everybody lives in TV, although sometimes it may seem that way!
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Old 05-06-2013, 02:27 PM
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Originally Posted by mrdills View Post
I just found out this afternoon that the LSV ( Low Speed Vehicle Law ) has passed and its up to our Governor to sign the bill into law. Congratulation to Marlene O'Toole and her staff, she has been working on this bill for a long time.
Are the people who purchased the LSV and recieved a $5,000 tax credit going to have to return the tax credit? It was not a deduction it was a credit. Doesn' seem quite fair.
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