Bill
Number: S.B. 1146
Worsley
Floor Amendment
Reference
to: TRANSPORTATION AND TECHNOLOGY
Committee
amendment
Amendment
drafted by: Kaitlyn Neff
FLOOR
AMENDMENT EXPLANATION
1.
Reinstates
the alternative fuel vehicle classification for vehicle license tax (VLT)
purposes for motor vehicles purchased beginning January 1, 2020, that are
powered by alternative fuel and 10,000 pounds or less gross vehicle weight and
calculates the valuation for VLT purposes as 30 percent of the base retail
price, decreasing by 15 percent of the base retail price each year.
2. Removes the requirement
that a VLT bill for a gasoline-powered vehicle include the comparable rate if
the vehicle was powered by alternative fuel.
3. Makes technical and
conforming changes.
Page 1, strike line 4, insert:
"Strike
lines 16 through 45"
Strike pages
2 through 4
Page 5,
strike lines 1 through 11, insert:"
Line 7,
strike the quotation marks
Strike lines
8 through 17
Line 18,
strike the quotation marks; strike "3." insert "2."
Line 24,
strike "that are purchased before january"
Page 2, line
1, strike "1, 2020,"
Line 9,
after "registration," insert "the motor vehicle value is determined as follows:
1.
for a motor vehicle that is purchased before january 1, 2020,"
Between
lines 15 and 16, insert:
"2. FOR A MOTOR VEHICLE THAT IS TEN THOUSAND POUNDS OR LESS GROSS
VEHICLE WEIGHT AND THAT IS PURCHASED ON OR AFTER JANUARY 1, 2020, DURING THE
FIRST TWELVE MONTHS OF THE LIFE OF THE MOTOR VEHICLE AS DETERMINED BY ITS
INITIAL REGISTRATION, THE VALUE OF THE MOTOR VEHICLE IS THIRTY PERCENT OF THE
MANUFACTURER'S BASE RETAIL PRICE OF THE MOTOR VEHICLE. DURING EACH SUCCEEDING
TWELVE-MONTH PERIOD, THE VALUE OF THE MOTOR VEHICLE IS FIFTEEN PERCENT LESS
THAN THE VALUE FOR THE PRECEDING TWELVE-MONTH PERIOD."
Line 21,
after "that" insert "EXCEEDS
TEN THOUSAND POUNDS GROSS VEHICLE WEIGHT, that"
Page 3, line
5, strike "5." insert "4."
Line 6,
strike "Sections 28-5801 and" insert "Section"
Line 7,
strike "are" insert "is"
Page 3, line
8, strike "6." insert "5."
Amend title to conform