2000 Regular Session

SENATE BILL 407

CHAPTER NUMBER: 276 File Code: Taxes - Miscellaneous Crossfiled with: HOUSE BILL 338
Sponsored By:
Senator Astle
Entitled:
Natural Resources - Boat Excise Tax - Certificate of Title

Synopsis:

Altering the definition of "fair market value" under the boat excise tax to eliminate the requirement that a licensed dealer or a dealer licensed by another state or foreign country take title to a used vessel that is traded in as part of the consideration for the sale of a new vessel in order to qualify for an exclusion from the computation of the boat excise tax.

History by Legislative Date

Senate Action
2/3
First Reading Budget and Taxation
2/16
Hearing 3/1 at 1:30 p.m.
3/20
Favorable with Amendments Report by Budget and Taxation
3/21
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/23
Third Reading Passed (47-0)
4/5
Returned Passed
5/11
Signed by the Governor Chapter 276
House Action
3/23
First Reading Ways and Means
3/27
Hearing 3/30 at 1:00 p.m.
4/5
Favorable Report by Ways and Means
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (138-0)
Bill indexed under the following Subjects:
BOATS AND SHIPS
DEALERS -see also- MOTOR VEHICLE DEALERS AND SALESMEN
EXCISE TAX
PRICES -see also- CONSUMER PRICE INDEX
TITLES
Bill affects the following Statute:
Natural Resources
( 8-716 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 069633/1 (PDF)     Offered on: March 21, 2000   at: 11:18 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 23, 2000: Third Reading Passed (47-0)
House
April 2, 2000: Third Reading Passed (138-0)