SB 738
Modifies or enacts provisions relating to Department of Revenue fee offices
Sponsor:
LR Number:
3123S.01I
Last Action:
3/27/2024 - Hearing Conducted S Transportation, Infrastructure and Public Safety Committee
Journal Page:
Title:
Effective Date:
August 28, 2024

Current Bill Summary

SB 738 - This act increases service fees charged by Department of Revenue fee offices for certain transactions.

The act also specifies that the Director of the Department of Revenue shall not award fee office contracts to entities affiliated in any manner, as defined in the act, with a current employee of the Department or with a former employee of the Department for the one-year period following the employee's termination of employment.

One dollar from every fee increased under the act and collected by a contract fee office shall be remitted to the "License Office Distribution Fund" established under the act. The remitted funds shall be held in trust for the fee office contract holders, and shall not be considered state revenue. In the event a court of competent jurisdiction requires money remitted to the fund under the act to be distributed in accordance with certain constitutional provisions, the required remittance to the fund shall be null and void.

Beginning with the fourth quarter of 2025, the amount of money remitted to the fund each quarter shall be distributed equally among fee offices as provided in the act.

This act is substantially similar to provisions in CCS/HCS/SB 47 (2023) and provisions in HCS/HB 424 (2023), and similar to SCS/SB 366 (2023).

ERIC VANDER WEERD

Amendments

No Amendments Found.