Bill > SB5953

This bill: 1. Amends the definition of "sale at retail" or "retail sale" in the state's business and occupation tax law to clarify that the successful bidder for an abandoned vehicle sold at a public auction conducted under state law must pay the use tax on the vehicle to the registered tow truck operator, who is responsible for transmitting the tax to the state. This exempts the tow truck operator from other sales or use taxes on the sale of the abandoned vehicle. 2. Extends the expiration date of a 2019 law that provided a sales tax exemption for certain automotive towing and transportation services from 2030 to 2032. 3. Establishes an expiration date of June 30, 2032 for the provisions of this bill. The key changes are to clarify the tax treatment of abandoned vehicle sales at public auctions and to extend the sunset date of an existing sales tax exemption related to automotive towing and transportation services.