AN ACT RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION

This bill prohibits retailers from charging sales tax on refundable deposits for batteries or core charges when customers return used vehicle parts (like batteries or auto components). It directly affects retailers selling batteries and motor vehicle parts, requiring them to hold these deposits in trust for the state and not include them in taxable sales. The tax department must notify retailers about this exemption and post clear notices at their stores. The policy change takes effect immediately upon passage, removing tax from these specific refundable fees.