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2001 SESSION

• | print version

HB 2452 Motor vehicle sales & use tax; credit for trade-ins.

Introduced by: Whittington W. Clement | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sale price of motor vehicles subject to the motor vehicle sales and use tax. Reduces the taxable price of a motor vehicle for purposes of determining motor vehicle sales and use tax liability by the value of any motor vehicle taken in trade. The amount of credit for a vehicle taken in trade is the lesser of the allowance given by the seller or the wholesale value of the vehicle as specified in a recognized pricing guide.

FULL TEXT

• 01/10/01  House: Presented & ordered printed, prefiled 01/10/01 016999672  pdf | impact statement

HISTORY

• 01/10/01  House: Presented & ordered printed, prefiled 01/10/01 016999672
• 01/10/01  House: Referred to Committee on Finance
• 01/18/01  House: Assigned to Finance sub-committee: 1
• 01/31/01  House: Passed by indefinitely in Finance (23-Y 0-N)