2014 Senate Bill 754

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

Introduced in the Senate

Feb. 5, 2014

Introduced by Sen. Joe Hune (R-22)

To accelerate 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 Finance

Feb. 18, 2014

Reported without amendment

With the recommendation that the bill pass.