SB592 Summary

• Doubles most license fees for used motor vehicle dealers, salespersons, manufactured home dealers, and installers, effective November 1, 2015
• Changes all licenses to two-year terms beginning January 1, 2016, with the Commission adopting rules to implement the transition
• Increases administrative fines for manufactured home installer violations from a maximum of $1,000 to maintain the same cap, with daily violations treated separately
• Deletes buyer's identification cards (B.I.D.) from several sections while maintaining license issuance requirements for automotive dismantlers and parts recyclers
• Requires salvage pools and disposal sales to remit $2.00 per vehicle transaction to the Oklahoma Used Motor Vehicle and Parts Commission