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2020 SESSION
HB 1019 Motor vehicle sales and use tax; definition of sale price, trade-in vehicles.
Introduced by: Les R. Adams | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Motor vehicle sales and use tax; definition of sale price; trade-in vehicles. Provides that for the purposes of calculating the motor vehicle sales and use tax for new vehicle purchases only, the sale price shall be reduced by the value of any trade-in vehicle. Under current law, no allowance or deduction is given for the value of a trade-in vehicle.
FULL TEXT
HISTORY
- 01/07/20 House: Prefiled and ordered printed; offered 01/08/20 20102996D
- 01/07/20 House: Referred to Committee on Finance
- 01/30/20 House: Assigned Finance sub: Subcommittee #2
- 02/03/20 House: Subcommittee recommends laying on the table (10-Y 0-N)
- 02/11/20 House: Left in Finance