| DIGEST OF INTRODUCED BILL Motor vehicle excise tax. Changes the calculation of tax reductions, credits, and refunds relating to the acquisition, trade, sale, or loss of a vehicle or a change in the owner's name that changes the owner's annual registration date. Requires the calculations to reference the days elapsed in a registration year rather than months. Applies the new methodology to the computation of certain credits and adjustments to the county motor vehicle excise surtax. |