SB430

Senate Bill No. 430–Senator Porter

March 15, 1999

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Joint Sponsor: Assemblywoman Segerblom

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Referred to Committee on Transportation

SUMMARY—Provides that certain amount of fees collected from short-term lessees of passenger cars in this state must be used to carry out certain highway projects in other states at or near boundaries of this state. (BDR 43-1258)

FISCAL NOTE: Effect on Local Government: No.

Effect on the State or on Industrial Insurance: No.

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 vehicles; providing that a certain amount of the fees collected from short-term lessees of passenger cars in this state must be used to carry out certain highway projects in other states at or near the boundaries of this state; 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

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

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

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

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

1-7 agreement.

1-8 2. On or before January 31 of each year, the short-term lessor shall:

1-9 (a) File with the department of taxation and the department of motor

1-10 vehicles and public safety, on a form prescribed by the department of

1-11 taxation, a report indicating the total amount of:

1-12 (1) Fees collected by the short-term lessor during the immediately

1-13 preceding year pursuant to this section; and

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

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

2-3 (b) Remit to the department of taxation:

2-4 (1) One-third of the fees collected by the short-term lessor during the

2-5 immediately preceding year pursuant to this section; and

2-6 (2) Of the remainder of those fees, any amount in excess of the total

2-7 amount of vehicle licensing fees and taxes paid by the short-term lessor

2-8 during the immediately preceding year pursuant to this chapter.

2-9 3. The department of taxation shall deposit [~~all]~~ :

2-10 (a) Two-thirds of the money received from short-term lessors pursuant

2-11 to the provisions of this section with the state treasurer for credit to the state

2-12 general fund [.] ; and

2-13 (b) One-third of the money received from short-term lessors pursuant

2-14 to the provisions of this section with the state treasurer for credit to the

2-15 state highway fund. The money must only be used to enter into or carry

2-16 out agreements entered into pursuant to subsection 2 of NRS 408.141 for

2-17 the construction, reconstruction, improvement, operation and

2-18 maintenance of highways within an adjoining state, when the highways

2-19 are at or near the common boundary of this state and the adjoining state.

2-20 4. To ensure compliance with this section, the department of taxation

2-21 may audit the records of a short-term lessor.

2-22 5. The provisions of this section do not limit or affect the payment of

2-23 any taxes or fees imposed pursuant to the provisions of this chapter.

2-24 6. The department of motor vehicles and public safety shall, upon

2-25 request, provide to the department of taxation any information in its records

2-26 relating to a short-term lessor that the department of taxation considers

2-27 necessary to collect the fee required by this section.

2-28 7. As used in this section, "vehicle licensing fees and taxes" means:

2-29 (a) The fees paid by a short-term lessor for the registration of, and the

2-30 issuance of certificates of title for, the passenger cars leased by him; and

2-31 (b) The basic and supplemental privilege taxes paid by the short-term

2-32 lessor with regard to those passenger cars.

2-33 Sec. 2. This act becomes effective on July 1, 1999.