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Minutes for HB2571 - Committee on Taxation

Short Title

Providing a deduction from sales or compensating use tax when selling and buying different motor vehicles within 180 days.

Minutes Content for Thu, Mar 3, 2022

Adam Siebers provided an overview on HB2571 noting the bill provides a deduction from sales or compensating use tax when selling and buying different motor vehicles within 180 days. 

Representative Turner moved, seconded by Representative Sanders, the Committee recommend HB2571 favorable for passage.

Representative Turner moved, seconded by Representative Helgerson, to amend HB2571. (Attachment 4)

Committee discussion ensued.

Motion passed.

Representative Highland made a conceptual motion for HB2571, seconded by Representative Woodard, that the Department of Revenue send a 3 year report to the Senate and House Taxation Committees.  Motion passed.

Representative Turner renewed his motion to recommend HB2571 be passed as amended.  Motion passed.