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OK HB1625

Bill

Status

Engrossed

3/11/2013

Primary Sponsor

Jerry Ellis

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

HB 1625 Summary

  • Adds a new sales tax exemption for automobile parts core charges that are received as trade-ins when purchasing replacement parts.

  • If the article is not actually traded in, the sales tax is due on the core charge amount.

  • Effective date is July 1, 2013, with an emergency clause to allow immediate implementation upon passage and approval.

Legislative Description

Revenue and taxation; sales tax exemptions; gross receipts relating to core charges; effective date; emergency.

Revenue and Taxation

Last Action

coauthored by Brecheen

2/5/2014

Committee Referrals

Finance3/19/2013
Appropriations and Budget2/5/2013

Full Bill Text

No bill text available