Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate committee rejects proposal to raise used-car tax exemption to $7,500
Summary
The Senate Revenue & Tax Committee voted down House Bill 1342, which would have raised the used-vehicle sales-tax exemption from $4,000 to $7,500 effective 2022. DFA testified it could not support the bill because a fiscal impact had not been forecasted under the amendment.
The Senate Revenue & Tax Committee on a voice vote declined to advance House Bill 1342, a proposal to increase the state’s used-vehicle sales-tax exemption from $4,000 to $7,500.
Sponsor Senator Rice told the committee the change — with an amendment delaying the effective date to 2022 — would help working families buy…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
