1997 Regular Session

SENATE BILL 536

File Code: Sales and Use Crossfiled with: HOUSE BILL 1193
Sponsored By:
Senator Ruben
Entitled:
Sales and Use Tax - Motor Vehicle Leases

Synopsis:

Limiting the application of an exemption under the sales and use tax for motor vehicle leases for a period of at least one year to circumstances where the lessor or lessee was required to pay and has paid the motor vehicle excise tax; and applying the Act to leases entered into on or after July 1, 1997.

Legislative History

Senate Action
1/31
First Reading Budget and Taxation
2/12
Hearing 3/4 at 4:00 p.m.
3/10
Withdrawn
House Action
No Action
Bill indexed under the following Subjects:
EXEMPTIONS
LEASES AND RENT -see also- EVICTION
MOTOR VEHICLES -see also- ABANDONED VEH; OFF-RD. VEH.; TRUCK
SALES AND USE TAX
Bill affects the following Statute:
Tax - General
( 11-221 )

Documents:

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