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AR HB1649
Bill
Status
3/28/2017
Primary Sponsor
Charlotte Douglas
Click for details
AI Summary
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Removes the requirement that nonprofit organizations purchase vehicles in lots of 10 or more vehicles at fleet price to qualify for sales and use tax exemption.
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Changes references from "Urban Mass" to "Federal" Transit Administration funds to clarify the funding source for exempted vehicle purchases.
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Consolidates the three requirements for tax exemption into two requirements: vehicles must meet or exceed state specifications and be used for Department of Human Services programs serving aging, disabled, mentally ill, and children and family services populations.
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Replaces references to "regulations promulgated thereunder" with "rules" for clarification.
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Takes effect on the first day of the calendar quarter following the date of enactment.
Legislative Description
To Amend The Sales And Use Tax Exemption For New Motor Vehicles Purchased By Nonprofit Organizations Or With Urban Mass Transit Administration Funds.
Last Action
Notification that HB1649 is now Act 661
3/28/2017