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LA HB476
Bill
Status
7/1/2025
Primary Sponsor
Bryan Fontenot
Click for details
AI Summary
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Establishes an annual automatic adjustment to the maximum documentation fee motor vehicle dealers may charge, beginning January 1, 2026, with a base maximum of $425.
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Adjusts the fee annually to the lesser of: the base fee adjusted by cumulative CPI-U change since 2024, or a 3% growth cap on the prior year's adjusted maximum.
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Prevents fee decreases during deflationary periods by maintaining the prior year's fee if CPI-U change is negative.
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Requires the Division of Administration to calculate the adjusted fee, verified by the legislative auditor, and transmit it to the Louisiana Motor Vehicle Commission by February 1st each year.
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Mandates the Louisiana Motor Vehicle Commission publish the adjusted maximum fee on its official website, with calculated amounts rounded to the nearest whole dollar.
Legislative Description
Provides relative to an annual automatic adjustment to a fee for motor vehicle dealers based on the Consumer Price Index (EN NO IMPACT See Note)
MTR VEHICLE/DEALERS
Last Action
Effective date: 07/04/2025.
7/1/2025