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2002 SESSION

• | print version

HB 1266 Motor vehicle sales and use tax; credit for trade-ins.

Introduced by: Kathy J. Byron | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sale price of motor vehicles subject to the motor vehicle sales and use tax; reductions. 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 and by the amount of all rebates. 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

• 01/18/02  House: Presented & ordered printed 023272656  pdf | impact statement

HISTORY

• 01/18/02  House: Presented & ordered printed 023272656
• 01/18/02  House: Referred to Committee on Finance
• 02/06/02  House: Continued to 2003 in Finance (22-Y 0-N)