03/30/2011 09:00 AM Senate FINANCE

SENATE BILL NO. 19                                                                                                            
                                                                                                                                
     "An Act excluding motorcycles and motor-driven cycles                                                                      
     from the passenger vehicle rental tax."                                                                                    
                                                                                                                                
9:03:57 AM                                                                                                                    
                                                                                                                                
Co-Chair Hoffman  proposed committee substitute,  work draft                                                                    
27-LSO157/M.  Co-Chair  Stedman   OBJECTED  for  purpose  of                                                                    
discussion.                                                                                                                     
                                                                                                                                
9:06:07 AM                                                                                                                    
                                                                                                                                
DARWIN PETERSON, STAFF,  SENATE FINANCE COMMITTEE, described                                                                    
the changes  made in  the CS. He  stated that  the committee                                                                    
decided that  the established 10  percent tax was  too high.                                                                    
The CS taxes motorcycle rentals at 3 percent.                                                                                   
                                                                                                                                
Co-Chair Stedman noted several  requested responses that the                                                                    
committee received from the Department of Revenue (DOR).                                                                        
                                                                                                                                
Co-Chair  Stedman WITHDREW  his  OBJECTION.  There being  NO                                                                    
OBJECTION, it was so ordered.                                                                                                   
                                                                                                                                
Co-Chair  Hoffman MOVED  to report  SB 19  out of  Committee                                                                    
with individual recommendations  and the accompanying fiscal                                                                    
note. There being NO OBJECTION, it was so ordered.