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OK HB1791
Bill
Status
2/2/2015
Primary Sponsor
Frank Simpson
Click for details
AI Summary
HB1791 Summary
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Permits waiver of registration penalties for vehicles stolen within 90 days of purchase (for new vehicles) or within 30 days of ownership transfer (for used vehicles) when certified by police report or other Oklahoma Tax Commission documentation.
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Clarifies maximum penalty for delinquent vehicle registration at $100.00 total cumulative penalty ($1.00 per day accrual cap), with exceptions for fleet and commercial vehicles which have different penalty structures.
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Modifies Section 1115 and Section 1132 of Oklahoma statutes regarding vehicle registration fees, penalties, and procedures for various vehicle types including manufactured homes, motorcycles, and all-terrain vehicles.
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Distributes collected penalty dollars: $0.21 apportioned per Section 1104, $0.21 retained by motor license agent, and $0.58 deposited in General Revenue Fund.
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Effective date: November 1, 2015.
Legislative Description
Motor vehicles; vehicle registration fees and penalties; authorizing waiver of penalty; stolen vehicles; effective date.
Motor Vehicles and Transportation
Last Action
Authored by Senator Simpson (principal Senate author)
2/12/2015