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H.84

Introduced by   Representatives Kitzmiller of Montpelier and Brooks of Montpelier

Referred to Committee on

Date:

Subject:  Taxation; purchase and use tax; exemption; foster children

Statement of purpose:  This bill proposes to extend the family gift exemption under the purchase and use tax law to exempt also gifts to foster children.

AN ACT RELATING TO PURCHASE AND USE TAX EXEMPTION FOR GIFTS TO FOSTER CHILDREN

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  32 V.S.A. § 8911(8) is amended to read:

The tax imposed by this chapter shall not apply to:

* * *

(8)  motor vehicles transferred to the spouse, mother, father, child, current or former foster child, grandparent, or grandchild of the donor, or to a trust established for the benefit of any such persons or for the benefit of the donor, or subsequently transferred among such persons, provided such motor vehicle has been registered or titled in this state in the name of the original donor;



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us