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House Bill 2400 |
House Author: Bohac et al. |
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Effective: 9-1-15 |
Senate Sponsor: Taylor, Van |
House Bill 2400 amends the Tax Code to exempt the sale of a new motor vehicle from the application of the motor vehicle sales and use tax if the purchaser is a manufacturer or distributor who acquires the motor vehicle either for the exclusive purpose of sale in the manner provided by law or for purposes for which a manufacturer's license plate may be used.