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HB 0374 -	Ad valorem tax; state and local title fees paid by dealers of used motor vehicles that directly finance sale of used motor vehicles; revise provisions
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Tracking Level:

Evaluating

Sponsor:

Williamson, Bruce 115th

Last Action:

2/20/2013 - House - House Second Readers

State Code Titles:

House Committee:

W&M

Assigned To:

Clint Mueller	Next Bill
Property Tax	Next Bill

Staff Analysis of the Legislation
This bill changes the payment of TAVT for dealers of used motor vehicles that directly finance the sale by allowing the option of either paying at the time of sale either the full TAVT amount or 50% then and 50% within 12 months.

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