2014 Senate Bill 755

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

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Introduced in the Senate

Feb. 5, 2014

Introduced by Sen. Dave Hildenbrand (R-29)

To accelerate the 24-year phase-in of a 2013 law that exempted from sales 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.