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1995 SESSION

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LD0048168
HOUSE BILL NO. 2473 Offered January 23, 1995 A BILL to amend and reenact § 29.1-712 of the Code of Virginia, relating to the titling of watercraft. ---------- Patron--Councill ---------- Referred to Committee on Conservation and Natural Resources ----------

Be it enacted by the General Assembly of Virginia:

1. That § 29.1-712 of the Code of Virginia is amended and reenacted as follows:

§ 29.1-712. Definitions.

As used in this article:

"Dealer" means any person whom the Tax Commissioner finds to be in the regular business of selling watercraft, and who has held during the calendar year five or more watercraft for resale.

"Watercraft" means every description of watercraft, other than a seaplane on the water, used or capable of being used as a means of transportation on water and which is (i) fifteen feet or longer measured along the centerline and powered by a motor in excess of twenty-five horsepower , or (ii) any sail-powered vessel longer than eighteen feet measured along the centerline. Watercraft which have a valid marine document issued by the United States Coast Guard shall not be included in this definition.