AB403 — Proposes to exempt from sales and use taxes the amount of any allowance against the selling price given by a retailer for the value of a used portable electronic taken in trade on the purchase of another portable electronic. (BDR 32-565)

AB403 — Proposes to exempt from sales and use taxes the amount of any allowance against the selling price given by a retailer for the value of a used portable electronic taken in trade on the purchase of another portable electronic. (BDR 32-565) · Informed CitizenryThis bill proposes an amendment to the Sales and Use Tax Act of 1955 and the Local School Support Tax Law to exempt certain amounts from sales and use taxes. The proposed exemption is for any allow…Open in Informed Citizenry