Amendment S-5138 to HF 664
Exempting certain leases or rentals between affiliates from the sales and use tax and from the fee for new vehicle registration, and including effective date and retroactive applicability provisions
Adopted · April 10, 2024
Filed April 10, 2024 in the Senate by Sen. Dan Dawson (R)
What it changes
- Page 1, line 2, by striking “2023” and inserting “2024”
- Page 1, by striking lines 7 through 9 and inserting: “(i) “Affiliate” means a lessor that directly or indirectly controls, is controlled with or by, or is under common control with the lessee.”
- Page 1, line 20, by striking “2023” and inserting “2024”
- Page 1, by striking lines 23 through 27 and inserting “rental of a motor vehicle between affiliates when the lessor or entity providing the motor vehicle for lease or rental has paid a fee imposed under section 321.105A on the motor vehicle leased or rented prior to such lease or rental to the affiliate.”
- Page 1, by striking lines 29 through 31 and inserting: “(1) “Affiliate” means a lessor or entity providing the motor vehicle for rental that directly or indirectly controls, is controlled with or by, or is under common control with the lessee or renter.”