SENATE DOCKET, NO. 1560 FILED ON: 1/18/2013
SENATE . . . . . . . . . . . . . . No. 1431
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The Commonwealth of Massachusetts
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PRESENTED BY:
Bruce E. Tarr
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to sales of motor vehicles..
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PETITION OF:
Name: | District/Address: |
Bruce E. Tarr | First Essex and Middlesex |
Timothy R. Madden | Barnstable, Dukes and Nantucket |
Michael R. Knapik | Second Hampden and Hampshire |
SENATE DOCKET, NO. 1560 FILED ON: 1/18/2013
SENATE . . . . . . . . . . . . . . No. 1431
By Mr. Tarr, a petition (accompanied by bill, Senate, No. 1431) of Bruce E. Tarr, Timothy R. Madden and Michael R. Knapik for legislation relative to sales of motor vehicles. Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1533 OF 2011-2012.]
The Commonwealth of Massachusetts
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In the Year Two Thousand Thirteen
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An Act relative to sales of motor vehicles..
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Section 4 of Chapter 64I of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by striking out, in lines 24-31, the words “For purposes of such determination, the sales price of any motor vehicle, except a motor vehicle purchased from a vendor registered under this chapter who is regularly engaged in the business of making sales at retail of such motor vehicles, shall be the actual amount paid by the purchaser to the vendor for the motor vehicle or the clean trade-in value of the motor vehicle, whichever is greater, regardless of the actual condition of the vehicle.” and inserting in place thereof the following words:-
“For purposes of such determination, the sales price of any motor vehicle, except a motor vehicle purchased from a vendor registered under this chapter who is regularly engaged in the business of making sales at retail of such motor vehicles, shall be the actual amount paid by the purchaser to the vendor for said motor vehicle as documented by a notarized bill of sale. If a notarized bill of sale is not provided, the sales price shall be determined by the clean trade-in value of the motor vehicle.”