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(8) if 8 years have transpired after the model year of the motor vehicle, then the applicable tax is $140; (9) if 9 years have transpired after the model year of the motor vehicle, then the applicable tax is $125; (10) if 10 years have transpired after the model year of the motor vehicle, then the applicable tax is $115; and (11) if more than 10 years have transpired after the model year of the motor vehicle, then the applicable tax is $100. Except as hereinafter provided, beginning on January 1, 2022, the rate of tax shall be as follows for transactions in which the selling price of the motor vehicle is $15,000 or more: (1) if the selling price is $15,000 or more, but less than $20,000, then the applicable tax shall be $850; (2) if the selling price is $20,000 or more, but less than $25,000, then the applicable tax shall be $1,100; (3) if the selling price is $25,000 or more, but less than $30,000, then the applicable tax shall be $1,350; (4) if the selling price is $30,000 or more, but less than $50,000, then the applicable tax shall be $1,600; (5) if the selling price is $50,000 or more, but less than $100,000, then the applicable tax shall be $2,600; (6) if the selling price is $100,000 or more, but less than $1,000,000, then the applicable tax shall be $5,100; and SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468