The bill amends existing laws regarding the distribution and use of funds in the Commercial Driver License Fund in Arkansas. It specifies that the fund will consist of special revenues designated for establishing and maintaining the Arkansas Commercial Driver License Program, as well as for system enhancements to the Arkansas Motor Carrier System. Notably, the language has been updated to include provisions for "other related purposes" as required by the Secretary of the Department of Finance and Administration, which emphasizes the broader scope of fund usage.

Additionally, the bill modifies the language concerning the disposition of registration and license fees, ensuring that fees collected are directed to the Commercial Driver License Fund for enhancements and related purposes as mandated by the Secretary. It also clarifies that expedited title processing service fees will be allocated to the fund for system enhancements and other related purposes, including those necessary for processing motor vehicle and driver's licenses. Overall, the amendments aim to provide clearer guidelines for the use of funds while expanding their intended applications.

Statutes affected:
SB 375: 19-6-459, 19-6-301, 27-23-101, 27-14-613, 27-14-606(a), 27-14-705(e)
Act 473: 19-6-459, 19-6-301, 27-23-101, 27-14-613, 27-14-606(a), 27-14-705(e)