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AR HB1649

Bill

Status

Passed

3/28/2017

Primary Sponsor

Charlotte Douglas

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Origin

House of Representatives

91st General Assembly (2017 Regular)

AI Summary

  • 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.

  • Changes references from "Urban Mass" to "Federal" Transit Administration funds to clarify the funding source for exempted vehicle purchases.

  • 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.

  • Replaces references to "regulations promulgated thereunder" with "rules" for clarification.

  • 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

Committee Referrals

Revenue & Taxation3/15/2017
Revenue and Taxation2/22/2017

Full Bill Text

No bill text available