A legislative committee voted to advance bill LC392504S on a measure its presenter said would close a tax loophole for motor-vehicle dealers.

An unidentified member told the panel, "This is LC392504S," and said the bill changes the time window referenced under "9 13" from 30 days to 45 days so that dealer loaner vehicles held longer than that threshold are subject to remitting the full TAVT tax. The presenter described the change as intended "to address an issue within the motor vehicle dealers that are doing repairs" and said the existing gap "is a loophole that shouldn't be there." (Speaker identified in transcript only as the member who presented the bill.)

Mister Chairman confirmed the draft under consideration and restated that the only change in the current version was replacing "30 days" with "45 days" on the relevant line of the bill language. After a brief clerk and committee exchange, an unidentified member moved that the measure "do pass." Mister Chairman noted the item "came out of the subcommittee unanimous, as presented." Committee members answered "aye" when called for a vote; the chair announced the motion passed and adjourned the meeting.

The measure was discussed only briefly at the committee meeting recorded in the transcript; the record does not include a roll-call tally or the name of the bill sponsor in the transcript. Mister Chairman also announced that a related subcommittee meeting on a senate bill (the subcommittee on ports and local government) was postponed until next week.

Next steps for LC392504S, including any further committee referrals, sponsor identification, staff analysis, or a formal roll-call record, were not specified in the transcript.