This document serves as notice that effective January 1, 2016, the maximum alternate highway use tax on a continuous lease or rental to the same person of a Class A or Class B motor vehicle that is a commercial motor vehicle, as defined in N.C. Gen. Stat. § 20-4.01, and for each recreational vehicle, as defined in N.C. Gen. Stat. § 105-187.1(4), is increased to two thousand dollars ($2,000). The increase in the maximum tax applies to a lease or rental agreement for such motor vehicles entered into on or after January 1, 2016. A retailer that elects not to pay the highway use tax to the North Carolina Division of Motor Vehicles when applying for a certificate of title for a motor vehicle purchased by the retailer for lease or rental, shall pay the alternate highway use tax due on the gross receipts derived from the lease or rental of a motor vehicle to the North Carolina Department of Revenue.