04/26/2004 09:01 AM Senate FIN

                                                                                                                                
     HOUSE BILL NO. 347                                                                                                         
     "An Act exempting taxicabs from the passenger vehicle rental                                                               
     tax; and providing for an effective date."                                                                                 
                                                                                                                                
                                                                                                                                
This  was the third  hearing  for this  bill in  the Senate  Finance                                                            
Committee.                                                                                                                      
                                                                                                                                
Co-Chair  Wilken  stated  this  bill,  "exempts  taxicabs  from  the                                                            
vehicle rental  tax. In the last year the Legislature  established a                                                            
ten-percent vehicle  rental tax on the lease or rental  of passenger                                                            
vehicles. House  Bill 347 exempts taxicabs from the  definition of a                                                            
passenger vehicle."                                                                                                             
                                                                                                                                
SUE  STANCLIFF,  staff  to Representative   Pete  Kott, had  no  new                                                            
testimony  to  offer, she  relayed  that  the sponsor  supports  the                                                            
action  taken at  the previous  hearing  of rescinding  adoption  of                                                            
Amendment #1.                                                                                                                   
                                                                                                                                
Co-Chair Green  offered a motion to  report the bill from  Committee                                                            
with individual recommendations and accompanying fiscal note.                                                                   
                                                                                                                                
Without objection  HB 347  MOVED from Committee  with a zero  fiscal                                                            
note #1 from the Department of Revenue.