(Added by Ord. No. 182,184, Eff. 8/20/12.)
(a) Notwithstanding the provisions of Section 21.44, all gross receipts from the retail sales of new passenger motor vehicles by a dealer of new passenger motor vehicles are exempt from taxation under this Article.
(b) For the purpose of this Section:
1. A “dealer of new passenger motor vehicles” is a person who acquires for resale new and unregistered passenger motor vehicles from manufacturers or distributors of those motor vehicles. A “dealer of new passenger motor vehicles” must be subject to and comply with the provisions of Chapter 6 of Division 2 of the California Vehicle Code (i.e., the requirements of the New Motor Vehicle Board).
2. The term “motor vehicle” shall have the same meaning as that set forth for “motor vehicle” in California Vehicle Code Section 415, as of the effective date of this Section.
3. This Section shall only apply to the sale of passenger vehicles. A “passenger vehicle” shall have the same meaning as that set forth for “passenger vehicle” in California Vehicle Code Section 465 as of the effective date of this Section. “Passenger vehicle” shall not include housecars, mobile homes, motorcycles, motor-driven cycles, motorized bicycles, motorized quadricycles, motorized scooters or similar motorized vehicles.
(c) This section and the tax treatment for retailers of new passenger motor vehicles shall be operative effective January 1, 2013, through the 2020 tax year.