Amendment No. 584

Senate Amendment to Senate Bill No. 450 (BDR 32-1477)

Proposed by: Committee on Transportation

Amendment Box:

Resolves Conflicts with: N/A

Amends: Summary: Title: Preamble: Joint Sponsorship:

ASSEMBLY ACTION Initial and Date | SENATE ACTION Initial and Date

Adopted Lost | Adopted Lost

Concurred In Not | Concurred In Not

Receded Not | Receded Not

Amend section 1, page 1, by deleting line 5 and inserting:

"(a) For a bus, truck or truck tractor having a declared gross weight of 10,000 pounds or more or a trailer or semitrailer having an unladen weight of 4,000 pounds or more, 35 percent of the manufacturer’s suggested retail price in Nevada;

(b) For a vehicle not subject to paragraph (a) which is first registered in Nevada on or after July 1, 2000; or".

Amend section 1, page 1, line 8, by deleting "(b)" and inserting "(c)".

Amend section 1, page 1, line 15, by deleting:

"[35] 25 percent" and inserting:

"[35 percent] the applicable percentage pursuant to subsection 1".

Amend sec. 2, page 2, by deleting lines 18 and 19 and inserting:

"371.060 1. Except as otherwise provided in subsection 2, each vehicle first registered in Nevada on or after July 1, 2000, or the".

Amend sec. 2, page 3, by deleting lines 8 through 11 and inserting:

"2. Each bus, truck or truck tractor having a declared gross weight of 10,000 pounds or more and each trailer or semitrailer having an unladen weight of 4,000 pounds or more must be depreciated by the department for the purposes of the".

Amend sec. 2, page 3, line 18, by deleting "[75] 85" and inserting "75".

Amend sec. 2, page 3, line 19, by deleting "[59] 75" and inserting "59".

Amend sec. 2, page 3, line 20, by deleting "[47] 65" and inserting "47".

Amend sec. 2, page 3, line 21, by deleting "[37] 55" and inserting "37".

Amend sec. 2, page 3, line 22, by deleting "[28] 45" and inserting "28".

Amend sec. 2, page 3, line 23, by deleting "[23] 35" and inserting "23".

Amend sec. 2, page 3, line 24, by deleting "[20] 25" and inserting "20".

Amend sec. 2, page 3, line 25, by deleting "[17] 15" and inserting "17".

Amend sec. 2, page 3, line 26, by deleting "[15] 5" and inserting "15".

Amend sec. 2, page 3, by deleting lines 27 through 30 and inserting:

"10 years or more 13 percent

3. [Notwithstanding any other provision of this section,] Each vehicle not subject to the provisions of subsection 1 or 2 must be depreciated by the department for the purposes of the annual privilege tax according to the following schedule:

Percentage of

Age Initial Value

New 100 percent

1 year 85 percent

2 years 75 percent

3 years 65 percent

4 years 55 percent

5 years 45 percent

6 years 35 percent

7 years 25 percent

8 years 15 percent

9 years or more 5 percent

4. Except as otherwise provided in subsection 5, the minimum amount of privilege tax:".

Amend sec. 2, page 3, line 32, by deleting "1999," and inserting "2000,".

Amend sec. 2, page 3, line 37, by deleting "1999," and inserting "2000,".

Amend sec. 2, page 3, line 41, by deleting "4." and inserting:

"[4.] 5. The minimum amount of privilege tax on a bus, truck or truck tractor having a declared gross weight of 10,000 pounds or more or a trailer or semitrailer having an unladen weight of 4,000 pounds or more is $6.

6.".

Amend sec. 6, page 6, line 20, by deleting "1, 2,".

Amend sec. 6, page 6, line 22, after "2." by inserting:

"Sections 1 and 2 of this act become effective on July 1, 2000.

3.".

Amend sec. 6, page 6, line 24, by deleting "3." and inserting "4.".