SB 195
Modifies provisions relating to administrative fees charged by dealers licensed by the Department of Revenue
Sponsor:
LR Number:
0810S.01I
Last Action:
5/13/2021 - Informal Calendar S Bills for Perfection
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2021

Current Bill Summary

SB 195 - This act increases, from less than $200 to $500 or less, the maximum administrative fee a dealer licensed by the Department of Revenue may charge for document storage or other administrative or clerical services without being deemed to be engaged in the unauthorized practice of law. The maximum administrative fee specified under the act shall be increased annually by the greater of the Consumer Price Index for All Urban Consumers, or by zero, whichever is greater.

The act provides that the same administrative fee need not be charged to all retail customers if the dealer's franchise agreement limits the fee to certain classes of customers.

This act is similar to SB 1046 (2020).

ERIC VANDER WEERD

Amendments

No Amendments Found.