ND SB2176

Excludes manufacturer incentives or discounts from motor vehicle purchase price calculations for excise tax purposes.

Allows trade-in credits when vehicles subject to sales or use tax are traded toward purchase of a taxable motor vehicle.

Permits insurance loss credits up to the total compensation received for stolen or destroyed vehicles, with a three-year claim window and required notarized insurance statements.

Establishes a new replacement vehicle credit allowing sellers to claim a credit against the purchase price up to the amount received from selling the replaced vehicle, subject to child support lien review and three-year claim deadline.

Effective for motor vehicle purchases occurring after June 30, 2023.