2001 House Bill 5319

Introduced in the House

Oct. 23, 2001

Introduced by Rep. Belda Garza (D-8)

To exempt from sales tax the value of a trade-in auto part on the purchase of a new part. In other words, a new part buyer would only pay sales tax on the difference between the value of the trade in and the purchase price of the new part.

Referred to the Committee on Tax Policy