Legislation

Title: Sales and Use Tax - Taxable Price - Exemption for Trade-in Value of Portable Electronics
Sponsored by: Senator Klausmeier
Status: In the Senate - Hearing 2/21 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering, for purposes of provisions of law concerning the sales and use tax, the definition of "taxable price" to exclude the value of credit provided for a trade-in of certain portable electronics accepted in partial payment, if the value of the credit is separately stated on the invoice, bill of sale, or similar document provided to the purchaser.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2024

History

Legislation History
Chamber Senate Calendar Date 2/02/2024 Legislative Date 2/02/2024 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/06/2024 Legislative Date 2/06/2024 Action Hearing 2/21 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Sales and Use Tax - Taxable Price - Exemption for Trade-In Value of Portable Electronics Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/02/2024	2/02/2024	First Reading Budget and Taxation
Senate	2/06/2024	2/06/2024	Hearing 2/21 at 1:00 p.m.
			Text - First - Sales and Use Tax - Taxable Price - Exemption for Trade-In Value of Portable Electronics

File Code

Subjects

Statutes