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GA HB1234

Bill

Status

Introduced

2/12/2024

Primary Sponsor

John Corbett

Click for details

Origin

House of Representatives

2023-2024 Regular Session

AI Summary

  • Moves temporary operating permit provisions into a new Code Section 40-2-8.1, requiring dealers of new or used motor vehicles to issue a 45-day temporary operating permit at no charge to vehicle purchasers at the time of sale
  • Authorizes the Department of Revenue to allow third parties to develop and maintain an electronic temporary operating permit issuance system, with standards that may include criminal background checks for system users
  • Grants the department authority to suspend a dealer's access to the electronic permit system for up to 6 months for issuing permits for vehicles not actually sold, with an informal review process within 10 business days and a formal hearing option that can extend suspension up to 24 months and impose civil penalties of up to $100.00 per violation
  • Requires non-franchise dealers who acquire vehicles without an original certificate of title to obtain a title in their own name before reselling, and authorizes civil penalties of up to $500.00 per transaction for dealer recordkeeping violations
  • Doubles the penalties for failure to pay alternative ad valorem tax on motor vehicles for Georgia residents who own at least 50% of a "passive entity" (an out-of-state entity with no Georgia business presence that only holds assets for investment) that fails to register and title a vehicle within 60 days; effective January 1, 2025

Legislative Description

Motor vehicles; conditions, procedures, and limitations for issuance of temporary operating permits; provide

Last Action

House Committee Favorably Reported By Substitute

2/27/2024

Committee Referrals

Motor Vehicles2/13/2024

Full Bill Text

No bill text available