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House Bill 1499


House Bill 1499

ARCHIVE (2005)

Latest Information

 

DIGEST OF INTRODUCED BILL


Sales taxation of rebates. Provides that in certain retail transactions gross retail income does not include an amount equal to a manufacturer's rebate unless the rebate is made directly available to the purchaser. Applies the exclusion to transactions in which a manufacturer's rebate exceeding $250 is provided in a retail sale of an automobile, a motorcycle, a truck, a trailer, a semitrailer, a tractor, a bus, a school bus, a recreational vehicle, a motorized bicycle, an all terrain vehicle, a watercraft, an aircraft, or an implement of husbandry.
Current Status:
 In Committee - first House
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