TO REQUIRE THE COLLECTION OF SALES TAX AT THE POINT OF SALE FOR THE SALE OF A NEW OR USED MOTOR VEHICLE, TRAILER, OR SEMITRAILER BY A DEALER; AND TO AMEND LAW AFFIRMED BY REFERRED ACT 19 OF 1958.

HB 1968 requires auto dealers to collect sales tax at the point of sale when selling new or used motor vehicles, trailers, or semitrailers. This means customers would pay the tax during the purchase transaction instead of through a different process. The bill also amends a 1958 law related to sales tax collection for vehicle sales. It directly affects dealers (who must collect the tax) and buyers (who pay the tax at the time of purchase).