SB 273
Requires certain financing entities to remit motor vehicle sales tax on behalf of the purchaser
Sponsor:
LR Number:
0590S.01I
Last Action:
2/4/2021 - Second Read and Referred S Transportation, Infrastructure and Public Safety Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2021

Current Bill Summary

SB 273 - This act requires financing entities that extend financing to cover state and local sales taxes owed on the purchase of a motor vehicle to remit the amount of such state and local sales taxes to the appropriate taxing authority on behalf of the purchaser. The financing entity and purchaser shall be jointly liable to the taxing authority for the amount of sales tax owed.

This act is identical to HB 1598 (2020).

JOSH NORBERG

Amendments

No Amendments Found.