HB18-1315

HB18-1315 - Manufactured Home Sales Tax Exemption

Passed/Signed into Law
Concerning the expansion of the sales and use tax exemption for manufactured homes constructed in compliance with a federal safety act.

Under current law, 48% of the purchase price of a manufactured home constructed in compliance with the federal 'National Manufactured Housing Construction and Safety Standards Act of 1974' (federal act) is exempt from state sales and use tax. The subsequent sale of the manufactured home is entirely exempt from state sales and use tax. These existing exemptions apply to any local government that imposes a sales and use tax based on the state tax.

The bill entirely exempts manufactured homes constructed in compliance with the federal act from the state sales and use tax. The exemption automatically applies to a special district or other limited purpose authority that has the same tax base as the state, but does not apply to a statutory municipality or county unless it creates a local exemption based on the state exemption.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

Latest update: May 24, 2018
05/24/2018 - Governor Signed
05/18/2018 - Sent to the Governor
05/18/2018 - Signed by the President of the Senate
05/18/2018 - Signed by the Speaker of the House
05/08/2018 - Senate Third Reading Passed - No Amendments
05/07/2018 - Senate Second Reading Special Order - Passed - No Amendments
05/07/2018 - Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
05/02/2018 - Senate Committee on Finance Refer Unamended to Appropriations
04/27/2018 - Introduced In Senate - Assigned to Finance
04/27/2018 - House Third Reading Passed - No Amendments
04/26/2018 - House Second Reading Special Order - Passed with Amendments - Committee
04/26/2018 - House Committee on Appropriations Refer Amended to House Committee of the Whole
04/09/2018 - House Committee on Finance Refer Unamended to Appropriations
03/22/2018 - Introduced In House - Assigned to Finance