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(3) an application in the form required by the commissioner of the revenue <br />and specifically identifying the motor vehicle for which an exemption is <br />sought. <br />(d) An eligible disabled veteran may have no more than one motor vehicle exempted <br />from taxation pursuant to this section. All other motor vehicles owned or <br />regularly used by said eligible disabled veteran shall be taxed or levied pursuant <br />to the general tax rate established by city council on motor vehicles. <br />(e) If an eligible disabled veteran seeks to change the motor vehicle subject to the <br />exemption, the veteran must first submit an application to the commissioner of the <br />revenue identifying the new vehicle. The exemption established by this section <br />shall not automatically transfer or retroactively apply to a new motor vehicle <br />acquired by an eligible disabled veteran. If an eligible disabled veteran transfers <br />the exemption from one motor vehicle to another but maintains ownership of the <br />first motor vehicle, the exemption shall continue to apply to the original motor <br />vehicle for the tax year of the transfer and shall not apply to the new vehicle until <br />the next tax year. <br />(f) The exemption established by this section shall not continue with a motor vehicle <br />upon transfer, sale or other disposition of the vehicle by an eligible disabled <br />veteran. <br />(g) The exemption established by this section shall first take effect for the calendar <br />year in which an eligible disabled veteran submits an application meeting the <br />requirements of subsection (c) for a qualified motor vehicle. The exemption shall <br />not be applied retroactively to previous years' tax filings. <br />2. That this ordinance shall take effect on January 1, 2016. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on June 23, 2015. <br />Teste: <br />City Clerk <br />