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HB 0808 - Title Ad Valorem Tax - Loaner Vehicles
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Tracking Level: Neutral
Sponsor: Martin Momtahan
Last Action: 1/1/2021 - Effective Date
House Committee: Transportation
Senate Committee: Finance
Assigned To:
Larry RamseyNext Bill
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Staff Analysis of the Legislation

Under existing law, dealer "loaner vehicles" are exempt from TAVT for so long as they are used as loaners vehicles for customers. As amended in committee, this bill would extend to 45 days (from the current 30 days) the amount of time that such a vehicle can be loaned to one customer without such vehicle being subject to TAVT. 

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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