Altering the calculation of the vehicle excise tax imposed for the issuance of a certificate of title for certain leased vehicles to be 6% of the capitalized cost reduction and each monthly lease payment; repealing certain provisions of law that define the "total purchase price" used to calculate the vehicle excise tax for certain leased vehicles to mean a certain retail value of the vehicle less an allowance for the trade-in of a vehicle; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2021
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Last Updated: 4/1/2021 5:26 PM