2001 REGULAR SESSION (71st) A AB460 592
Amendment Box: Replaces Amendment No. 386. Resolves conflict with S.B. No. 59. Makes substantive changes.
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, pages 1 through 3, by deleting lines 8 through 21 on page 1, lines 1 through 49 on page 2 and lines 1 and 2 on page 3, and inserting:
“2. On or before [January 31 of each year,] the last day of the month following each calendar quarter, the short-term lessor shall:
(a) File with the department of taxation and the department of motor vehicles and public safety, on a form prescribed by the department of taxation, a report indicating the total amount of:
(1) Fees collected by the short-term lessor during the immediately preceding [year] calendar quarter pursuant to this section; and
(2) Vehicle licensing fees and taxes paid by the short-term lessor during the immediately preceding [year] calendar quarter pursuant to this chapter.
(b) Remit to the department of taxation [:
(1) One-third] one-third of the fees collected by the short-term lessor during the immediately preceding [year] calendar quarter pursuant to this section . [; and
(2) Of the remainder of those fees, any amount]
3. On or before January 31 of each year, the short-term lessor shall remit to the department of taxation the amount of the remainder of the fees collected by the short-term lessor during the immediately preceding year pursuant to this section that is in excess of the total amount of vehicle licensing fees and taxes paid by the short-term lessor during the immediately preceding year pursuant to this chapter.
[3.] 4. The department of taxation shall deposit all money received from short-term lessors pursuant to the provisions of this section with the state treasurer for credit to the state general fund.
[4.] 5. To ensure compliance with this section, the department of taxation may audit the records of a short-term lessor.
[5.] 6. The provisions of this section do not limit or affect the payment of any taxes or fees imposed pursuant to the provisions of this chapter.
[6.] 7. The department of motor vehicles and public safety shall, upon request, provide to the department of taxation any information in its records relating to a short-term lessor that the department of taxation considers necessary to collect the fee required by this section.
[7.] 8. As used in this section, “vehicle licensing fees and taxes” means:
(a) The fees paid by a short-term lessor for the registration of, and the issuance of certificates of title for, the passenger cars leased by him; and
(b) The basic and supplemental governmental services taxes paid by the short-term lessor with regard to those passenger cars.”.
Amend the bill as a whole by deleting sec. 2 and renumbering sec. 3 as sec. 2.
Amend sec. 3, page 3, line 37, by deleting:
“July 1, 2001.” and inserting:
“January 1, 2002.”.
Amend the title of the bill to read as follows:
“AN ACT relating to motor vehicles; revising provisions governing the remission of fees by short-term lessors of passenger cars to the department of taxation; and providing other matters properly relating thereto.”.
Amend the summary of the bill to read as follows: