An Act Concerning The Sales Price Threshold Of Motor Vehicles Subject To A Higher Sales And Use Taxes Rate And Limiting The Application Of Said Rate.
Introduced on 2/9/26
Summary
Amendment can translate this bill from legal jargon into easy-to-understand language. Sign up to try it for free.
- Takes 30 seconds
- Free
- No credit card required
From the Legislature
To (1) increase to more than seventy-five thousand dollars the sales price threshold for a motor vehicle subject to the seven and three-fourths per cent sales and use taxes rate, and (2) limit the application of said rate to the portion of the sales price exceeding the threshold amount.
Sponsors
0
1
R
Democratic CaucusRepublican Caucus