2009 House Bill 4152

Vehicle trade-in “use tax on the difference” only

Introduced in the House

Feb. 4, 2009

Introduced by Rep. Marc Corriveau (D-20)

To exempt from sales tax the value of a trade-in on the purchase of a new motor vehicle. The buyer would only pay sales tax on the difference between the value of the trade-in vehicle and the purchase price of the new vehicle.

Referred to the Committee on Tax Policy