Bill Tracker

AB 1081 (Burke) Sales and use taxes: exclusion: low-emission motor vehicle: trade-in.

Position:Watch
Status:Policy Committees
Summary:

This bill would exclude from the terms “gross receipts” and “sales price” the value of a motor vehicle traded in for either a "super ultra-low emission vehicle," or "enhanced advanced technology partial zero-emission vehicle (enhanced AT PZEV), if the value of the trade-in motor vehicle is separately stated on the invoice or bill of sale.  

More Info:Legislative Website Info
Last Updated:April 11, 2017