1996 Regular Session

HOUSE BILL 428

CHAPTER NUMBER: 221 File Code: Taxes - Sales and Use
Sponsored By:
Delegates V. Mitchell and Hutchins
Entitled:
Sales and Use Tax - Transfer of Unused Credits for Motor Vehicle Excise Tax Paid on Short-Term Rental Vehicles

Synopsis:

Allowing a vendor that surrenders its sales and use tax license to transfer to another licensed vendor unused credits for motor vehicle excise tax paid on short-term rental vehicles; and applying the Act to any vendor surrendering its sales and use tax license on or after January 1, 1995.

Legislative History

House Action
1/29
First Reading Ways and Means
1/31
Hearing 2/7 at 2:00 p.m.
3/14
Favorable with Amendments Report by Ways and Means
3/15
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/18
Third Reading Passed (141-0)
3/30
Returned Passed
4/30
Signed by the Governor Chapter 221
Senate Action
3/19
First Reading Budget and Taxation
3/20
Hearing 3/25 at 2:00 p.m.
4/1
Favorable Report by Budget and Taxation
3/31
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (46-0)
Sponsored by:
Delegate Van T. Mitchell, District 28
Delegate Thomas E. Hutchins, District 28
Bill indexed under the following Subjects:
EXCISE TAX
LEASES AND RENT -see also- EVICTION
LICENSES - GENERAL
MOTOR VEHICLES - GENERAL -see also- ABANDONED VEHICLES
SALES AND USE TAX
TAX CREDITS
Bill affects the following Statute:
Tax - General
( 11-106 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments:
House
Number: 525025/1 (PDF) Offered on: MARCH 15, 1996 at: 10:47 Status: Adopted