Sec. 1. 36 MRSA §1752, sub-§25 is enacted to read:

25.__Automotive core.__"Automotive core" means a used automobile part.

Sec. 2. 36 MRSA §1765, sub-§§8 and 9, as enacted by PL 1987, c. 402, Pt. A, §180, are amended to read:

8. Livestock trailers. Livestock trailers, including horse trailers; or

9. Camper trailers. Camper trailers.; or

Sec. 3. 36 MRSA §1765, sub-§10 is enacted to read:

10.__Automotive cores.__Automotive cores.

Sec. 4. 36 MRSA §2016 is enacted to read:

§2016.__Refund of sales tax on returned automotive cores

A person who purchases an automotive core and who subsequently returns a used automotive core for rebuilding to the retailer for credit against the sales price of the original automotive core is entitled to a refund of a portion of the sales tax paid on the original automotive core.__The amount of the refund is equal to the amount that the sales tax would have been reduced if the used automotive core had been traded in at the time of purchase of the original automotive core.

SUMMARY

This bill permits a sales tax trade-in credit or refund for the amount allowed on a used automotive core traded in when purchasing another automotive core or returned for credit after the purchase.