SB 269 - Cunningham, Mike
Creates and funds the Department of Revenue Technology Fund through an administrative fee for notice of lien processing
Bill Details
Sponsor
LR Number
1182S.01I
Title
SB 269
House Handler
N/A
Journal Page
Effective Date
December 31, 2027
Committee
Current Status
Re-referred S Professional Registration Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 269 - This act creates the Department of Revenue Technology Fund and allows no more than twenty-five million dollars unexpended balance at the end of the biennium to be exempt from transfer to the ordinary revenue fund until July 1, 2027. After June 30, 2027, up to two million dollars unexpended balance at the end of the biennium shall be exempt from transfer to the ordinary revenue fund. The Department of Revenue Technology Fund shall be funded with an eight dollar and fifty cent administrative fee to be collected by agents of the Department of Revenue for processing notice of liens on motor vehicles.
This act is substantially similar to SB 898 (2016) and HB 2216 (2016).
ERIC VANDER WEERD