2007 Regular Session

HOUSE BILL 292

File Code: Taxes - Transportation
Sponsored By:
Delegates Sossi, Bartlett, Bates, Dwyer, Eckardt, Elmore, Frank, George, Jennings, Kach, Krebs, McComas, McConkey, O'Donnell, Shewell, Smigiel, Stocksdale, Stull, Walkup, and Weldon
Entitled:
Motor Vehicle Excise Tax - Adjustment for Trade-In

Synopsis:

Altering the definition of "total purchase price" under the motor vehicle excise tax in order to reduce the total purchase price on which the tax is calculated by providing an allowance for any trade-in considerations; providing that the modified definition does not apply until any Consolidated Transportation Bonds issued by the Department of Transportation are no longer outstanding; etc.

History by Legislative and Calendar Date

House Action
1/31
First Reading Ways and Means
2/7
Hearing 2/27 at 1:00 p.m.
3/19
Unfavorable Report by Ways and Means
Senate Action
No Action

Sponsored by:

Delegate Richard A. Sossi, District 36
Delegate Joseph R. Bartlett, District 4A
Delegate Gail H. Bates, District 9A
Delegate Donald H. Dwyer, Jr., District 31
Delegate Adelaide C. Eckardt, District 37
Delegate D. Page Elmore, District 38A
Delegate William J. Frank, District 42
Delegate Ronald A. George, District 30
Delegate J. B. Jennings, District 7
Delegate Wade Kach, District 5
Delegate Susan W. Krebs, District 9B
Delegate Susan K. McComas, District 35B
Delegate Tony McConkey, District 33A
Delegate Anthony J. O'Donnell, District 29C
Delegate Tanya Shewell, District 5A
Delegate Michael D. Smigiel, Sr., District 36
Delegate Nancy R. Stocksdale, District 5A
Delegate Paul S. Stull, District 4A
Delegate Mary Roe Walkup, District 36
Delegate Richard B. Weldon, Jr., District 3B

Bill indexed under the following Subjects:

Excise Tax
Exemptions
Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.
State Bonds
Transportation-see also- Aircraft; Airports; Boats; etc

Bill affects the following Statute:

Transportation
( 13-809 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered