2011 Senate Bill 127

Senate Roll Call 337: Passed

To exempt from sales tax the value of a trade-in on the purchase of a new motor vehicle or titled watercraft. The buyer would only pay tax on the difference between the value of the trade-in and the purchase price of the new item. The tax cut would be phased in biannual installments through the end of 2017.

37 Yeas / 1 Nay
Republican (25 Yeas / 1 Nay)
Democrat (12 Yeas / 0 Nays)