HB0986 (CH0728)

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Vehicle Laws - Trade-In Allowance - Leased Vehicles

Sponsored by:

Delegate Beidle

Status:

Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 728


Synopsis:Altering the definition of "total purchase price" for the purposes of the vehicle excise tax to exclude from the computation of the tax an allowance for the trade-in of a leased vehicle under specified circumstances.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Beidle
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2016
Committee(s):
Environment and Transportation  View Committee HearingBudget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Transportation
Narrow Subject(s):Excise Tax
Leases and Rent
Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.
Motor Vehicle Dealers and Salesmen
Prices -see also- Consumer Price Index
Statutes:Article - Transportation
(13-809)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 5:03 P.M.