Introduced by Sen. David Robertson (R) on March 24, 2015 To revise a 2013 law that exempts from sales tax the value of a trade-in when buying a motor vehicle, titled watercraft or recreational vehicle, so that it also applies to purchases made from dealers in other states. Under the 2013 law the tax exemption will supposedly be phased in over 24 years. Official Text and Analysis.
Referred to the Senate Finance Committee on March 24, 2015
Reported in the Senate on March 26, 2015 With the recommendation that the bill pass.
Amendment offered by Sen. David Knezek (D) on April 16, 2015 To require the legislature to appropriate money for public schools from other sources to cover any foregone revenue to the state school aid fund caused by the eventual sales-tax-on-the-difference tax cut.