Legislation
- Title
- Vehicle Excise Tax - Leased Vehicles - Alteration
- Sponsored by
- Delegate Attar
- Status
- In the House - Hearing 2/01 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Altering the calculation of the vehicle excise tax imposed for the issuance of a certificate of title for certain leased vehicles to be a 6% of the capitalized cost reduction and each monthly lease payment; and repealing an exemption from the vehicle excise tax for a vehicle transferred to a lessee who exercises an option under a certain vehicle leasing agreement to purchase the leased vehicle at the end of the lease.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2027
History
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File Code
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Subjects
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Statutes
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(
13-809, 13-810 )
Last Updated: 7/8/2022 2:06 PM