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News – Thursday, November 14, 2024
FY 2025-11, Retailers’ Allowance for Certain Transaction Returns Capped at $1,000 Per Month
For certain transaction returns due on or after January 1, 2025 (for vehicles with a delivery date on or after December 12, 2024), the retailers’ allowance (discount) amount is limited to $1,000 per month. See Public Act 103-592.
See FY Bulletin 2025-11, Retailers’ Allowance for Certain Transaction Returns Capped at $1,000 Per Month for more information.