require that county treasurers calculate excise tax using the amount shown on a bill of sale for a used vehicle sold, leased, or transferred by a person other than a licensed motor vehicle dealer.

Summary

The bill forces county treasurers to base the excise tax on the amount shown on a state‑approved bill of sale whenever a used car is sold, leased, or transferred by someone who is not a licensed dealer. Private sellers must give the buyer a bill of sale and the buyer must file it within 45 days; if no bill is filed, the tax is calculated using a nationally recognized dealer guide value. The goal is to tax the vehicle based on the actual transaction price.

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

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