AN ACT RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION

This bill proposes to stop retailers from charging sales tax on refundable deposits for batteries and core charges for motor vehicle parts. Under the new rules, these specific fees would be exempt from taxation, while any money collected must be held in trust for the state. The tax division would create guidelines to enforce this change and send notices to retailers instructing them to stop collecting sales tax on these items. This change directly affects businesses that sell automotive batteries and vehicle components by altering how they calculate and collect taxes.