CS for CS for SB 1040 Summary

• Transfers collection of the motor fuel inspection fee from the Department of Agriculture and Consumer Services to the Department of Revenue, with fees deposited into the General Inspection Trust Fund.

• Expands grounds for disciplinary action against licensed security professionals, repossession agents, and firearm licensees, including new requirements for firearm recertification training and criminal penalties for fraudulent training certifications.

• Revises charitable solicitation registration requirements by increasing processing timelines from 10 to 15 working days, creating revenue thresholds for exemptions, and eliminating requirements to display percentage of contributions retained.

• Reduces security bond requirements for health studios from $50,000 to $25,000 and prohibits unsolicited outbound telephone sales calls to consumers who previously declined contact.

• Makes various technical amendments including revising definitions for alternative fuels, updating liquefied petroleum gas licensing procedures, requiring timeshare sellers to be licensed as commercial telephone sellers, and amending business opportunity disclosure and franchise registration requirements.