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OK SB592
Bill
Status
6/4/2015
Primary Sponsor
Patrick Anderson
Click for details
AI Summary
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Changes license term from one year to two years beginning January 1, 2016, with corresponding fee increases for all license categories and renewals.
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Doubles most license fees across used motor vehicle dealers, salespersons, manufactured home dealers, installers, and manufacturers (e.g., used motor vehicle dealer from $300 to $600, salesperson from $25 to $50).
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Deletes buyer identification cards (B.I.D.) from automotive dismantler and parts recycler licensing requirements and references throughout the statute.
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Requires salvage pools and disposal sales to remit $2.00 per vehicle transaction to the Oklahoma Used Motor Vehicle and Parts Commission, with payments due monthly within 30 days of the calculation period.
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Effective November 1, 2015.
Legislative Description
Used Motor Vehicle and parts Commission; license term; deleting BID cards; increasing fees. Effective date.
Last Action
Approved by Governor 06/04/2015
6/4/2015