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OK SB197

Bill

Official Source

Status

Introduced

2/7/2011

Primary Sponsor

Gary Banz

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Changes the requirement to file written notice of vehicle transfer from permissive ("may") to mandatory ("shall") for transferors.

  • Reduces the transfer notice filing fee from $10.00 to $5.00, with $3.50 retained by motor license agents and $1.50 apportioned to the Oklahoma Tax Commission Reimbursement Fund.

  • Maintains the rebuttable presumption that the transferee becomes the vehicle owner and assumes civil and criminal liability after the Commission records the transfer.

  • Becomes effective November 1, 2011.

Legislative Description

Motor vehicle transfers; requiring written notice of transfer by seller; modifying fee amount and distribution. Effective date.

Motor Vehicles and Transportation

Last Action

Referred to Appropriations

2/15/2011

Committee Referrals

Appropriations2/15/2011
Finance2/8/2011

Full Bill Text

No bill text available