Senate Bill No. 313–Senator Raggio

 

CHAPTER..........

 

AN ACT relating to taxation; clarifying the provisions governing the administration of the sales and use taxes on the sale or lease of a motor vehicle to a governmental entity; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

    Section 1. NRS 372.7283 is hereby amended to read as

follows:

    372.7283  In administering the provisions of NRS 372.325, the

Department shall apply the exemption for the sale of tangible

personal property to the State of Nevada, its unincorporated

agencies and instrumentalities, to include [all] :

    1.  All tangible personal property that is transferred for use by a

state entity in accordance with an agreement executed pursuant to

NRS 353.500 to 353.630, inclusive [.] ; and

    2.  Any type of motor vehicle that is transferred for use by a

state entity or a county, city, district or other local entity, whether

by sale or lease and regardless of whether title to the vehicle

passes to the state or local entity at any time during the use of the

vehicle.

    Sec. 2.  NRS 374.729 is hereby amended to read as follows:

    374.729  In administering the provisions of NRS 374.330, the

Department shall apply the exemption for the sale of tangible

personal property to the State of Nevada, its unincorporated

agencies and instrumentalities, to include [all] :

    1.  All tangible personal property that is transferred for use by a

state entity in accordance with an agreement executed pursuant to

NRS 353.500 to 353.630, inclusive [.] ; and

    2.  Any type of motor vehicle that is transferred for use by a

state entity or a county, city, district or other local entity, whether

by sale or lease and regardless of whether title to the vehicle

passes to the state or local entity at any time during the use of the

vehicle.

    Sec. 3.  This act becomes effective on July 1, 2003.

 

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