State Senator Crowder Bill for Used Vehicle Sales Tax Relief Passes Senate
Barbara Crimond | Apr 20, 2018 | Comments 0
DENVER – In an effort to assist Colorado’s working class, Senator Larry Crowder (R-Alamosa) authored Senate Bill-77, an exemption of the sales tax for used vehicles in the State of Colorado.
Currently, a vehicle has sales tax applied to it each time it is sold, meaning that the State of Colorado can double, triple, and quadruple dip on the same vehicle. With used vehicles being a common choice for Colorado’s lower and middle class residents, Senate Republicans are in support of this legislation in order to make used vehicles even more accessible to all.
“Our goal here is to lower the cost of reliable transportation for the many, many Coloradans who can’t afford a new car but must rely on a used car instead,” said Senator Crowder. “As the price for a new vehicle keeps rising, but wages and earnings stay flat, buying a used vehicle is the best and only option many of us have. Senate Bill-77 is a good way to help ensure accessibility to transportation for the working class by ending double and triple taxation and reducing the cost of a used car.”
The bill will now move to the House of Representatives
Filed Under: Consumer Issues • County • Economy • Featured • Media Release • Transportation
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