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2008 SESSION

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HB 579 Retail Sales and Use Tax; exemptions include compensation to dealers.

Introduced by: John A. Cosgrove | all patrons    ...    notes | add to my profiles | history

SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION:

Repeal of sales and use tax on motor vehicle repairs in certain localities.  Repeals the sales and use tax on charges for motor vehicle repair services in the localities embraced by the Hampton Roads Transportation Authority and the Northern Virginia Transportation Authority.

SUMMARY AS INTRODUCED:

Sales and use tax; compensation to dealers.  Modifies the current formula that compensates dealers with a percentage of the sales and use tax they collect by including the local sales and use tax collected in the Northern Virginia Transportation District and the Hampton Roads Transportation District on motor vehicle repair services.  The bill incorporates HB1120.