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OK HB1338

Bill

Official Source

Status

Introduced

2/4/2013

Primary Sponsor

James Lockhart

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

HB 1338 Summary

  • Amends 68 O.S. 2011, Section 2104 regarding motor vehicle excise tax calculation
  • Removes requirement that vehicle value be within 20% of average retail price listed in automotive reference materials
  • Specifies excise tax is based on actual sales price before any trade-in discounts or credits
  • Effective date: July 1, 2013, with emergency clause for immediate effect upon passage and approval

Legislative Description

Revenue and taxation; modifying calculation of excise tax; effective date; emergency.

Motor Vehicles and Transportation

Last Action

Second Reading referred to Rules

2/6/2013

Committee Referrals

Rules2/6/2013

Full Bill Text

No bill text available