Nebraska bill proposes boat dealer license

Publish date:
Social count:

A Nebraska state senator is proposing legislation that would keep boat buyers from avoiding taxes by declaring they are boat dealers.

Sen. Dave Pankonin told members of the Transportation and Telecommunications Committee that it's time to require state registration of boat dealers not only to collect sales taxes, but also to bring professionalism to the business, the Omaha World-Herald newspaper reported.

It's estimated that only about 20 legitimate boat dealers exist in the state, but about 155 people have obtained boat dealer "stickers" to obtain the sales tax exemptions, according to Common Cause Nebraska.

Jack Gould, a Common Cause representative, told the newspaper that when his group contacted some of the "dealers" it found plumbers, lawyers and others who received the tax break without having a legitimate business that sells boats.

Under Pankonin's proposal, businesses would pay as much as $400 a year to obtain a boat dealer's license from the Nebraska Motor Vehicle Industry Licensing Board, which regulates auto dealers. Businesses would have to sell at least five boats a year to be a dealer.

Click here for the full article.


MRAA welcomes new partner member

Marina and marine management software provider DockMaster has become the newest partner member of the Marine Retailers Association of the Americas.

Caterpillar to close two facilities

Caterpillar Inc. will close two facilities in Texas and Panama and is considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, according to Reuters.

Brunswick executive honored by Savoy magazine

Danielle Brown, vice president and chief information officer for Brunswick Corp., was recently honored among the "Most Influential Blacks in Corporate America" as chosen by Savoy Magazine, a leading African-American lifestyle publication.