2201 AMH HARM MATM 467

HB 2201 - H AMD 535

By Representative Harmsworth

NOT ADOPTED 04/12/2017

    On page 2, line 13, after "positive." insert "The net result of the amount of tax owed under current law and the amount of any credit applied must not exceed five-tenths of one percent of the value of the vehicle."

EFFECT:  Caps the effective tax rate, after a credit is applied, at no more than 0.5 percent of the vehicle value. 

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