Amendment No. 372

 

Senate Amendment to Senate Bill No. 313                                                                         (BDR 32‑295)

Proposed by: Committee on Taxation

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 the bill as a whole by deleting sections 1 through 6, renumbering sec. 7 as sec. 3 and adding new sections designated sections 1 and 2, following the enacting clause, to read as follows:

     “Section 1.  NRS 372.7283 is hereby amended to read as follows:

     372.7283  In administering the provisions of NRS 372.325, the Department shall apply the exemption for the sale of tangible personal property to the State of Nevada, its unincorporated agencies and instrumentalities, to include [all] :

     1.  All tangible personal property that is transferred for use by a state entity in accordance with an agreement executed pursuant to NRS 353.500 to 353.630, inclusive [.] ; and

     2.  Any type of motor vehicle that is transferred for use by a state entity or a county, city, district or other local entity, whether by sale or lease and regardless of whether title to the vehicle passes to the state or local entity at any time during the use of the vehicle.

     Sec. 2.  NRS 374.729 is hereby amended to read as follows:

     374.729 In administering the provisions of NRS 374.330, the Department shall apply the exemption for the sale of tangible personal property to the State of Nevada, its unincorporated agencies and instrumentalities, to include [all] :

     1.  All tangible personal property that is transferred for use by a state entity in accordance with an agreement executed pursuant to NRS 353.500 to 353.630, inclusive [.] ; and

     2.  Any type of motor vehicle that is transferred for use by a state entity or a county, city, district or other local entity, whether by sale or lease and regardless of whether title to the vehicle passes to the state or local entity at any time during the use of the vehicle.”.

     Amend the title of the bill to read as follows:

“AN ACT relating to taxation; clarifying the provisions governing the administration of the sales and use taxes on the sale or lease of a motor vehicle to a governmental entity; and providing other matters properly relating thereto.”.

     Amend the summary of the bill to read as follows:

“SUMMARY—Clarifies provisions governing administration of sales and use taxes on sales and leases of motor vehicles to governmental entities. (BDR 32‑295)”.