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Committee approves cleanup bill repealing expired long-term rental vehicle tax
REVENUE & TAX - SENATE · February 8, 2021
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Summary
HB 10-42 would repeal an expired long-term rental vehicle tax levy that ended in 2015; the sponsor described the measure as a cleanup item with no revenue impact and the committee passed it by voice vote.
Sponsor said House Bill 10-42 repeals the long-term rental vehicle tax levy that expired on June 30, 2015, and is no longer collected. The levy had triggered expiration when 3% or more of newly registered motor vehicles were leased; the sponsor described HB 10-42 as a cleanup bill with no revenue effect.
Committee members offered no questions; the motion to pass the bill carried by voice vote and the bill was advanced out of committee.
