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AR SB427

Bill

Status

Passed

4/11/2023

Primary Sponsor

Ricky Hill

Click for details

Origin

Senate

94th General Assembly (2023 Regular)

AI Summary

  • Expands special event exemptions to include motorcycles, all-terrain vehicles, utility task vehicles, scooters, go-karts, and low-speed vehicles beyond just motorcycles.

  • Allows new motor vehicle dealers and manufacturers/distributors to display and sell vehicles at special events with significant economic impact (at least $3,000,000 to the state or region) without standard licensing restrictions.

  • Requires independent economic impact statements from sources such as universities or chambers of commerce to qualify for exemptions.

  • Establishes maximum temporary permit fees: $100 for out-of-state dealers, $250 for manufacturers/distributors, $15 for out-of-state salespersons, and $50 for factory/distributor representatives.

  • Permits established special events operating for 5+ years before July 31, 2007 with past economic impact to continue inviting previously participating dealers and manufacturers without requiring new economic impact statements.

Legislative Description

To Provide An Exemption For Special Events To Allow Certain New Motor Vehicle Dealers And New Motor Vehicle Manufacturers Or Distributors To Display And Sell Certain Vehicles At Certain Special Events.

Last Action

Notification that SB427 is now Act 696

4/11/2023

Committee Referrals

Insurance & Commerce4/5/2023
Public Transportation3/29/2023
Insurance & Commerce3/15/2023

Full Bill Text

No bill text available