WV HB4440 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2024 - 25% progression
Action: 2024-01-10 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 10 2024 - 25% progression
Action: 2024-01-10 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to make the collection and payment by the seller of sales tax on seller-financed sales of motor vehicles to be completed as the seller receives the proceeds of the sale from the buyer equal to the applicable percent sales tax of the amount of the monthly payment, applied to each payment, and continuing for the entire term of the loan period.
Title
Modify how sales tax is collected on seller financed vehicle transactions
Sponsors
| Del. Gary Howell [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-10 | House | To House Finance |
| 2024-01-10 | House | Introduced in House |
| 2024-01-10 | House | To Finance |
| 2024-01-10 | House | Filed for introduction |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 11 | 15 | 3c | Amended Code | Citation Text |
