HB0986 (CH0728)

Find a 2016 Bill:

2016 Regular Session



Vehicle Laws - Trade-In Allowance - Leased Vehicles

Sponsored by:

Delegate Beidle


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
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

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Explanation of Floor Motions and Actions

October 24, 2017 5:03 P.M.