HB 2063 Summary

• Establishes the "Oklahoma Crusher Act" requiring persons engaged in crushing/shredding used motor vehicles, trailers, or recreational vehicles to obtain a license from the Oklahoma Used Motor Vehicle and Parts Commission.

• Licensees must meet eligibility requirements including good moral character, minimum net assets of $25,000, and demonstrate the business will operate lawfully; applicants with certain felony convictions or who fail to provide required information are ineligible.

• Requires applicants to file a $25,000 surety bond, submit detailed applications with business location and ownership information, and display the non-transferable license at the business location.

• Establishes annual licensing fees due by June 1, with license expiration on June 30 if renewal and fees are not paid; late renewal applications submitted after June 15 incur additional fees.

• Mandates crushers verify vehicle ownership through certificate of title, bill of sale, or notarized power of attorney; prohibits purchasing from individuals under 18; requires 3-day hold on vehicles and reports to local law enforcement with detailed purchase information.