HB 869 - This act creates several exemptions to the tax on titling of motor vehicles, trailers, boats, and outboard motors. Sales to not-for-profit organizations for use in their civic or charitable functions, sales to public and not-for-profit private educational institutions, and transfers between certain business entities, shareholders, and partners are exempt from the tax. This act is identical SB 378 (2015) and a provision in the perfected version of HB 299 (2015).
MIKE HAMMANN