2014 House Bill 5280

Accelerate vehicle trade-in “sales tax on the difference” only

Introduced in the House

Feb. 6, 2014

Introduced by Rep. Frank Foster (R-107)

To slightly advance the initial steps in the 24-year phase-in of a 2013 law that exempted from use tax the value of a trade-in when buying a motor vehicle, titled watercraft or recreational vehicle.

Referred to the Committee on Tax Policy