SB 708 Exempts certain motor vehicles older than ten years from the sales tax on titling
Sponsor: Parson
LR Number: 4841S.01I Fiscal Notes
Committee: Transportation, Infrastructure and Public Safety
Last Action: 1/11/2016 - Second Read and Referred S Transportation, Infrastructure and Public Safety Committee Journal Page: S97
Title: Calendar Position:
Effective Date: August 28, 2016

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Current Bill Summary

SB 708 - This act makes motor vehicles that are at least ten years old exempt from the state and local sales tax on the titling of motor vehicles. This exemption does not apply to motor vehicles with a sales price of more than $15,000.

This provision is identical to SB 150 and similar to SB 693 (2014) and HB 1387 (2014).