| SP0191 LD 611 |
First Regular Session - 125th Maine Legislature C "A", Filing Number S-126, Sponsored by
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LR 203 Item 2 |
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| Bill Tracking, Additional Documents | Chamber Status | ||
Amend the bill in section 1 in paragraph B by striking out all of subparagraph (3) (page 1, lines 9 to 15 in L.D.) and inserting the following:
(3) The sale, to a person engaged in the business of renting automobiles, of automobiles, integral parts of automobiles or accessories to automobiles, for rental or for use in an automobile rented on a short-term basis for a period of less than one year. For the purposes of this subparagraph, "automobile" includes a pickup truck or van with a gross vehicle weight of less than 26,000 pounds;
Amend the bill by striking out all of section 3 and inserting the following:
‘Sec. 3. 36 MRSA §1760, sub-§92 is enacted to read:
Amend the bill in section 4 in §1811 in the 3rd indented paragraph in the first to 3rd lines (page 3, lines 14 to 16 in L.D.) by striking out all of the following: " , or of a pickup truck or van with a gross vehicle weight of less than 26,000 pounds rented from a person primarily engaged in the business of renting automobiles,"
Amend the bill by inserting after section 4 the following:
‘Sec. 5. Application. This Act applies to transactions entered into on or after October 1, 2011.’
summary
This amendment clarifies the proposed exclusion from sales and use tax for pickup trucks and vans purchased for short-term rental and the exemption for the rental of certain vehicles to the service customer of a new vehicle dealer pursuant to a warranty. It deletes language that would have changed how long-term rentals of pickup trucks and vans are taxed and provides that the changes apply to transactions entered into on or after October 1, 2011.