2858-S AAS 3/5/98 S5374.1

SHB 2858 - S COMM AMD

By Committee on Transportation

                                                    ADOPTED 3/5/98

    Strike everything after the enacting clause and insert the following:

    "Sec. 1.  RCW 82.44.023 and 1994 c 227 s 3 are each amended to read as follows:

    Rental cars as defined in RCW 46.04.465 are exempt from the taxes imposed in RCW 82.44.020 (1) and (2).  When a rental car ceases to be used for rental car purposes ((and at the time of its retail sale, the excise tax imposed in RCW 82.44.020 (1) and (2) shall be imposed in an amount equal to one-twelfth of the annual excise tax then in effect, for each full month remaining in the vehicle's registration year)) the year and month tabs on the license plates shall be altered by the rental car company in such a manner as to render the plate void of any designation of month and year.  The department of licensing shall, by rule, set forth the process of alteration and shall provide at no cost to the rental car company, any materials necessary to render the plate void of any designation of the month and year tabs.  At the time of retail sale, motor vehicle excise tax and applicable licensing fees will be collected for a full twelve months.

NEW SECTION. Sec. 2.  The vehicle services division of the department of licensing shall convene a study group to include representatives from the department of licensing, the department of revenue, the rental car industry, and the franchised vehicle dealers industry.  The study group shall conduct an assessment of the registration year impact during the period of January 1, 1997, through July 1, 1999, upon the requirements of RCW 46.16.006, 82.08.020, and chapter 82.44 RCW and whether the tax rate currently set on car rental transactions provides revenue neutrality.  The study group shall report its findings and recommendations, if any, to the transportation committees of the house of representatives and senate by December 31, 1998.

NEW SECTION. Sec. 3.  This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately."

SHB 2858 - S COMM AMD

By Committee on Transportation

                                                    ADOPTED 3/5/98

    In line 1 of the title, after "cars;" strike the remainder of the title and insert "amending RCW 82.44.023; creating a new section; and declaring an emergency."

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