2009 Regular Session

SENATE BILL 809

File Code: Natural Resources - Generally Crossfiled with: HOUSE BILL 270
Sponsored By:
Senator Colburn
Entitled:
State Boat Act - Excise Tax - Computation of Trade-In Value

Synopsis:

Altering the definition of "fair market value" that applies to the imposition of the State excise tax on marine vessels; and establishing specified methods to determine the value of a trade-in vessel for purposes of determining the fair market value of a marine vessel.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/6
First Reading Budget and Taxation
3/4
Hearing 3/18 at 1:00 p.m.
3/12
Hearing cancelled
Hearing 3/19 at 1:00 p.m.
3/26
Favorable Report by Budget and Taxation
3/27
Favorable Report Adopted
Second Reading Passed
3/28
Third Reading Passed (47-0)
House Action
3/27
First Reading House Rules and Executive Nominations
4/2
Re-referred Ways and Means
Hearing 4/8 at 1:00 p.m.

Bill indexed under the following Subjects:

Boats and Ships
Excise Tax
Prices -see also- Consumer Price Index

Bill affects the following Statutes:

Natural Resources
( 8-716 , 8-716 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered
Roll Call Vote (Legislative date is shown):
Senate
March 28, 2009: Third Reading Passed (47-0)