Loading chat...
AR HB1795
Bill
Status
4/24/2019
Primary Sponsor
Karilyn Brown
Click for details
AI Summary
-
Includes all-terrain vehicles in the definition of "motor vehicle" for sales and use tax purposes, allowing sales tax to be collected at the time of registration rather than at purchase
-
Increases annual all-terrain vehicle registration fee from $5.00 to $10.00 and increases late registration penalty from $3.00 to $5.00 per ten-calendar-day period, with maximum penalty of $75.00
-
Requires sellers of all-terrain vehicles to submit monthly reports to the Department of Finance and Administration containing purchaser name, vehicle identification information, and sales price
-
Applies the $2,500 sales tax cap (consistent with motor vehicles, aircraft, and watercraft) to all-terrain vehicles across multiple county and municipal sales tax statutes
-
Establishes that all-terrain vehicles are three, four, or six-wheeled vehicles 75 inches or less in width, equipped with nonhighway tires, and designed primarily for off-road use, excluding golf carts and lawn equipment
Legislative Description
To Allow For Sales And Use Tax On All-terrain Vehicles To Be Paid At The Time Of The Registration Of The All-terrain Vehicle; And To Amend The Law Concerning The Registration Requirements For All-terrain Vehicles.
Last Action
Died on House Calendar at Sine Die Adjournment
4/24/2019