(a) A penalty of two hundred fifty dollars ($250) shall be imposed upon the resident owner of any motor vehicle that, following the end of the first 60 days of residency in the Commonwealth has not registered such vehicle in Virginia. The penalty shall be imposed upon the resident owner annually for as long as the motor vehicle remains unregistered in Virginia. Since Loudoun County Ordinance 860.04 allows a resident owner 60 days from the date situs is acquired to file vehicle personal property such penalty will not be imposed until after the end of the 60-day residency period.
(b) Each penalty levied pursuant to this section shall be in addition to the one hundred dollars ($100) motor vehicle license tax imposed under Section 853.01. The penalty shall be assessed by the Commissioner of the Revenue and collected by the Treasurer in the same manner as the motor vehicle license tax imposed under Section 853.01.
(c) The Commissioner of the Revenue or his designee, may waive the penalty authorized by this section if the owner of the vehicle voluntarily registers it in Virginia within 60 days after the end of the 60-day residency period.
(Ord. 19-08. Passed 4-10-19.)