November 2, 2020
To: Designated Agents for Department of Revenue
From: Lisa Chism, Director, Office of Property Tax
Re: Legislative Changes for Odometer Exemption
The National Highway Traffic Safety Association (NHTSA) published a new ruling that mandates a change for the odometer exemption from 10 years to 20 years starting with the 2011 model year vehicles. The Mississippi Legislature followed suit by amending Section 63-21-15, MS Code Annotated to follow the federal mandate.
The Department of Revenue (DOR) has been notified that some states will not follow this federal mandate because their laws do not allow the change and due to the pandemic, they could not update their legislation during the last legislative session. These states will show an odometer exemption on their titles for 2011 model year vehicles. When these out of state titles transfer into the State of Mississippi, DOR will carry forward the odometer exemption brand on to the Mississippi title to reflect the vehicle is exempt from the odometer disclosure.
The 2011 model year odometer reading will not be exempt until January 1, 2031, effective as of January 1, 2021. This means that starting January 1, 2021, you will need to collect the odometer reading when completing a title application on 2011 or newer model year vehicles. If the odometer reading is not provided, then the title application will be rejected until an odometer reading is provided. If an odometer reading cannot be provided, then the odometer will be coded as “Not Actual Mileage” with the last odometer reading provided.
If you have any questions, feel free to contact Lisa: firstname.lastname@example.org or phone (601) 923-7635.
To download a copy of the press release, click here.