FIFTIETH LEGISLATURE

FIRST SESSION, 2011

January 27, 2011

Mr. Speaker:

    Your BUSINESS AND INDUSTRY COMMITTEE, to whom has been referred

HOUSE BILL 39

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

     1. On page 1, line 14, after "OF", strike the remainder of the line and insert in lieu thereof "CERTAIN TAX ACTS; PROVIDING GROSS RECEIPTS TAX AND COMPENSATING TAX EXEMPTIONS FOR PLUG-IN ELECTRIC DRIVE VEHICLES.".

     2. On page 1, line 24, strike "Subsection" and insert in lieu thereof "Subsections", remove the brackets and line through "F" and before "G", insert "and".

     3. On page 2, line 8, strike "Subsection" and insert in lieu thereof "Subsections", remove the brackets and line through "F" and before "G", insert "and".

     4. On page 5, line 7, before the semicolon, insert ", minus the amount of a credit other than the alternative energy product manufacturers tax credit applied against those taxes".

     5. On page 9, line 14, strike the ending quotation mark.

     6. On page 9, between lines 14 and 15, insert the following:

          "H. As used in this section, "qualified plug-in electric drive vehicle" means a motor vehicle with four wheels that:

                (1) is made by a manufacturer;

                (2) is manufactured primarily for use on public streets, roads or highways;

                (3) has not been modified from the original manufacturer specifications;

                (4) is acquired for use or lease by a consumer and is not for resale;

                (5) is rated at not less than two thousand two hundred pounds unloaded gross vehicle weight and not more than eight thousand five hundred pounds unloaded gross vehicle weight;

                (6) has a maximum speed capability of at least sixty-five miles per hour; and

                (7) is propelled to a significant extent by an electric motor that draws electricity from a battery that:

                     (a) has a capacity of not less than four kilowatt-hours; and

                     (b) is capable of being recharged from an external source of electricity."".,

and thence referred to the TAXATION AND REVENUE COMMITTEE.