Bill Number: S.B. 1720
Fann
Floor Amendment
Reference
to: printed bill
Amendment
drafted by: Leg Council
FLOOR
AMENDMENT EXPLANATION
1. Specifies that a shared
vehicle owner, in order to be exempted from transaction surcharges, only needs
to certify that their vehicle is an individual-owned shared vehicle once for
the duration of the time that the owner owns the shared vehicle.
2. Requires a shared
vehicle transaction to be sourced to the location of the car sharing start time
if the owner does not reside in Arizona and the shared vehicle is registered in
another state or country.
3. Requires records
related to shared vehicle transactions to be retained for a period of six
years, rather than two years.
4. Specifies that the tax
base of the personal property rental classification does not include gross
proceeds received by a shared vehicle owner from a peer-to-peer car sharing
program, rather than from a shared vehicle transaction.
5. Makes technical
changes.
Fifty-fifth Legislature Fann
First
Regular Session S.B. 1720
FANN FLOOR AMENDMENT
SENATE AMENDMENTS TO S.B. 1720
(Reference to printed bill)
Page 5, line 41, strike "two”
insert "six"
Page 9, line
12, after the period insert "The shared vehicle owner's
certification is required only once for the duration of the time that the
shared vehicle owner owns the shared vehicle."
Line 15,
strike "purchase" insert "acquisition"
Page 21,
line 15, strike "the" insert "a"
Page 23,
between lines 35 and 36, insert:
"3. To the location of the shared vehicle at the car sharing
start time if the shared vehicle owner does not reside in this state and the
shared vehicle is registered in another state or country."
Page 24,
between lines 6 and 7, insert:
"1. "car sharing start time" has the same meaning
prescribed in section 28-9601."
Renumber to
conform
Page 26,
line 25, strike "shared vehicle transaction"
insert "peer-to-peer car sharing program
pursuant to section 42-5009, subsection R."
Strike lines
35 and 36
Renumber to
conform
Amend title to conform