Introduced
by
To deduct manufacturer rebates from the purchase price of a new car, boat or RV for purposes of calculating sales tax. The bill would require forgone school aid revenue generated by the narrow tax break to be taken from other state taxes and fees.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 83 to 20 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Passed in the Senate 30 to 6 (details)
To deduct manufacturer rebates from the purchase price of a new car, boat or RV for purposes of calculating sales tax. The bill would require forgone school aid revenue generated by the tax break to be taken from other state taxes and fees.