Loading chat...

OK SB592

Bill

Status

Passed

6/4/2015

Primary Sponsor

Patrick Anderson

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Changes license term from one year to two years beginning January 1, 2016, with corresponding fee increases for all license categories and renewals.

  • 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).

  • Deletes buyer identification cards (B.I.D.) from automotive dismantler and parts recycler licensing requirements and references throughout the statute.

  • 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.

  • 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

Committee Referrals

Appropriations and Budget Transportation Subcommittee3/18/2015
Appropriations and Budget3/17/2015
Business and Commerce2/3/2015

Full Bill Text

No bill text available