SB 499 - Eigel, Bill
Modifies the source of funds for the Motor Vehicle Administration Technology Fund
Bill Details
Sponsor
LR Number
1489S.01I
Title
SB 499
House Handler
N/A
Journal Page
Effective Date
August 28, 2023
Committee
Current Status
Second Read and Referred S Emerging Issues Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 499 - Under current law, a portion of administrative fees charged by motor vehicle dealers in connection with the sale or lease of a vehicle shall be deposited into the Motor Vehicle Administration Technology Fund. The act repeals this requirement.
Under the act, the fund shall consist of money appropriated to it by the General Assembly, and may also receive gifts, contributions, grants, or bequests from federal, private, or other sources.
ERIC VANDER WEERD