|HB 0441||Sales Tax Credit For Replacement Purchases|
|Sponsor:||KOLLER||Handling House Bill:|
|Last Action:||04/06/95 - Voted Do Pass w/SCA 1 S Ways & Means Committee|
|Effective Date:||August 28, 1995|
HB 441 - Currently, a sales tax credit is allowed to purchasers of replacement motor vehicles, trailers, boats or outboard motors if the purchase is made within 90 days of payment by the insurance company. This act would allow this sales tax credit as long as the replacement purchase was contracted for within the 90 days.
This act was incorporated into SS/SB 264.
SCA 1 - ALL LEASES OVER 60 DAYS SHALL BE DEEMED TO BE CONSUMMATED AT THE ADDRESS OF THE LESSEE.