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State of South Dakota
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SEVENTY-SEVENTH
SESSION
LEGISLATIVE ASSEMBLY, 2002 |
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HOUSE BILL
NO.
1035
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Introduced by:
The Committee on Transportation at the request of the Department of
Transportation
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FOR AN ACT ENTITLED, An Act to
increase the gross receipts tax on certain vehicle rentals.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 32-5B-20 be amended to read as follows:
32-5B-20. There is hereby imposed a tax of
four and one-half
six
percent upon the gross
receipts of any person renting a rental vehicle as defined in
§
32-5B-19. This provision applies
to all vehicles registered in accordance with
§
32-5-6 or 32-5-8.1. Any rental vehicle not licensed
in accordance with
§
32-5-6 or 32-5-8.1 is subject to the motor vehicle excise tax in
§
32-5B-1.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 32-5B-20 be amended to read as follows:
32-5B-20. There is hereby imposed a tax of
The tax imposed by this section is in addition to any tax levied pursuant to chapter 10-45 or
10-46 upon the rental of a rental vehicle. The provisions of chapter 10-45 apply to the
administration and enforcement of the tax imposed by this section. The tax imposed by this
section is in lieu of the tax levied by
§
32-5B-1 on the sales of such motor vehicles. A violation
of this section is a Class 1 misdemeanor.
350 copies of this document were printed by the South Dakota
Legislative Research Council at a cost of $.027 per page. . Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated byoverstrikes.
Legislative Research Council at a cost of $.027 per page. . Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated by
