SB 414 Summary

• Removes "operator's license fee" exemption for municipal and governmental vehicles, keeping only registration fee exemptions.

• Increases surety bond requirements for new and used car dealers from $20,000 to $50,000.

• Establishes ignition interlock device program requiring $100 installation fee, with a separate nonlapsing account to fund administration.

• Removes "activity vehicle" definition and consolidates student transportation vehicle licensing requirements under a single "V" endorsement rather than separate "A" and "V" endorsements.

• Authorizes motor vehicle recyclers and insurance companies to report salvage vehicle information to the National Motor Vehicle Title Information System instead of submitting copies to the Department of Motor Vehicles.