Assembly Bill No. 34–Committee on Transportation

Prefiled January 8, 1999

(On Behalf of Legislative Commission’s Study of the
Construction and Maintenance of Highways)

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Referred to Committee on Transportation

 

SUMMARY—Revises provisions governing disposition of money collected from fee imposed on short-term leases of passenger cars. (BDR 43-214)

FISCAL NOTE: Effect on Local Government: No.

Effect on the State or on Industrial Insurance: No.

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to motor vehicles; requiring that the money collected from the fee imposed on short-term leases of passenger cars be deposited in the state highway fund; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

1-1 Section 1. NRS 482.313 is hereby amended to read as follows:

1-2 482.313 1. Upon the lease of a passenger car by a short-term lessor in

1-3 this state, the short-term lessor shall charge and collect from the short-term

1-4 lessee a fee of 6 percent of the total amount for which the passenger car

1-5 was leased, excluding any taxes or other fees imposed by a governmental

1-6 entity. The amount of the fee must be indicated in the lease agreement.

1-7 2. On or before January 31 of each year, the short-term lessor shall:

1-8 (a) File with the department of taxation and the department of motor

1-9 vehicles and public safety, on a form prescribed by the department of

1-10 taxation, a report indicating the total amount of:

1-11 (1) Fees collected by the short-term lessor during the immediately

1-12 preceding year pursuant to this section; and

1-13 (2) Vehicle licensing fees and taxes paid by the short-term lessor

1-14 during the immediately preceding year pursuant to this chapter.

1-15 (b) Remit to the department of taxation:

2-1 (1) One-third of the fees collected by the short-term lessor during the

2-2 immediately preceding year pursuant to this section; and

2-3 (2) Of the remainder of those fees, any amount in excess of the total

2-4 amount of vehicle licensing fees and taxes paid by the short-term lessor

2-5 during the immediately preceding year pursuant to this chapter.

2-6 3. The department of taxation shall deposit all money received from

2-7 short-term lessors pursuant to the provisions of this section with the state

2-8 treasurer for credit to the state [general] highway fund.

2-9 4. To ensure compliance with this section, the department of taxation

2-10 may audit the records of a short-term lessor.

2-11 5. The provisions of this section do not limit or affect the payment of

2-12 any taxes or fees imposed pursuant to the provisions of this chapter.

2-13 6. The department of motor vehicles and public safety shall, upon

2-14 request, provide to the department of taxation any information in its records

2-15 relating to a short-term lessor that the department of taxation considers

2-16 necessary to collect the fee required by this section.

2-17 7. As used in this section, "vehicle licensing fees and taxes" means:

2-18 (a) The fees paid by a short-term lessor for the registration of, and the

2-19 issuance of certificates of title for, the passenger cars leased by him; and

2-20 (b) The basic and supplemental privilege taxes paid by the short-term

2-21 lessor with regard to those passenger cars.

2-22 Sec. 2. This act becomes effective on July 1, 1999.

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