provide an additional means of determining the purchase price of a used motor vehicle acquired by gift or other transfer.

Summary

The bill amends the state’s motor‑vehicle tax code to let the county treasurer use either a nationally‑recognized dealer guide value or a documented bill of sale to determine the purchase price of a used vehicle transferred as a gift or for nominal consideration. It affects owners who receive vehicles without a traditional sale, ensuring the excise tax can still be assessed. The measure did not pass and was deferred on the 41st legislative day.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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