SB 378 - Schatz, Dave
Creates several new exemptions to the tax on the titling of motor vehicles
Bill Details
Sponsor
LR Number
1899S.01I
Title
SB 378
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2015
Current Status
Voted Do Pass S Transportation, Infrastructure and Public Safety Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 378 - This act creates several exemptions to the tax on titling of motor vehicles, trailers, boats, and outboard motors. Sales to not-for-profit organizations for use in their civic or charitable functions, sales to public and not-for-profit private educational institutions, and transfers between certain business entities, shareholders, and partners are exempt from the tax.
This act is similar to HB 869 (2015) and to provisions in SCS/HCS/HB 299 (2015).
MIKE HAMMANN