BILL · 2019–20 SESSION

HB 2903: Auto dealers/cash incentives

Providing that qualified dealer cash incentives paid to auto dealers are bona fide discounts for purposes of the business and occupation tax.

Summary

  • Allows motor vehicle dealers to deduct qualified dealer cash incentives from the measure of tax subject to the service and other activities business and occupation classification.

From the House Bill Report (HB 2903), written by the Legislature's nonpartisan staff. Read the full report ↗

Vetoed Vetoed by the Governor
  1. IntroducedJan 30, 2020
  2. Out of committeeFeb 11, 2020
  3. Passed HouseFeb 27, 2020
  4. Passed SenateMar 11, 2020
  5. VetoedApr 3, 2020
  6. Law
Prime sponsor
Mike Chapman (D-24)
Introduced
January 30, 2020 in the House
Last action
April 3, 2020
Companion bill
SB 6654
Budget
Has a fiscal note

AN ACT Relating to providing that qualified dealer cash incentives paid to auto dealers are bona fide discounts for purposes of the business and occupation tax;

Sponsors

Prime sponsor: Mike Chapman (D-24)

5 co-sponsors (2 Democrats, 3 Republicans)

Votes

House · 3rd Reading & Final Passage

Passed February 27, 2020
Version voted on: HB 2903
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat57000
Republican41000
How each member voted

Yea (98)

Senate · 3rd Reading & Final Passage

Passed March 11, 2020
Version voted on: HB 2903
45 Yea 1 Nay 2 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat26120
Republican19001
How each member voted

History

  1. Governor vetoed.
  2. Delivered to Governor.
  3. President signed.
  4. Speaker signed.
  5. Third reading, passed; yeas, 45; nays, 1; absent, 2; excused, 1.
  6. Rules suspended. Placed on Third Reading.
  7. Placed on second reading by Rules Committee.
  8. Passed to Rules Committee for second reading.
  9. Minority; without recommendation.
  10. WM - Majority; do pass.
  11. First reading, referred to Ways & Means.
  12. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0.
  13. Rules suspended. Placed on Third Reading.
  14. Rules Committee relieved of further consideration. Placed on second reading.
  15. Referred to Rules 2 Review.
  16. FIN - Majority; do pass.
  17. First reading, referred to Finance.

HB 2903 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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