SB 488-1_ Filed 02/18/2009, 15:37
COMMITTEE REPORT
MADAM PRESIDENT:
The Senate Committee on Tax and Fiscal Policy, to which was referred Senate Bill No. 488, has had
the same under consideration and begs leave to report the same back to the Senate with the
recommendation that said bill be AMENDED as follows:
SOURCE: Page 1, line 1; (09)AM048801.1. -->
Page 1, delete lines 1 through 17, begin a new paragraph and insert:
SOURCE: IC 9-29-8-7; (09)AM048801.1. -->
"SECTION 1. IC 9-29-8-7, AS AMENDED BY P.L.106-2008,
SECTION 35, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
JULY 1, 2009]: Sec. 7. All money collected by the secretary of state
from manufacturers, factory branches, distributors, distributor
branches, dealers, automobile auctioneers, factory representatives,
distributor representatives, wholesale dealers, transfer dealers,
converter manufacturers, or brokers for licenses and permit fees under
IC 9-23-2 shall be deposited as follows:
(1) Thirty percent (30%) to the dealer compliance account
established by IC 9-23-2-18.
(2)
Seventy percent (70%) Forty percent (40%) to the motor
vehicle highway account.
(3) Twenty percent (20%) to the state police for use in
enforcing odometer laws.
(4) Ten percent (10%) to the attorney general for use in
enforcing odometer laws.".
Delete page 2.
(Reference is to SB 488 as introduced.)
and when so amended that said bill do pass .
Committee Vote: Yeas 10, Nays 0.
____________________________________
Senator Hershman, Chairperson
AM 048801/DI 58 2009