This bill amends the law regarding the distribution of auto auction fees specifically for salvage-titled or parts-only titled vehicles. It modifies the allocation of these fees, particularly focusing on the percentage designated for the Division of Arkansas State Police. The current law stipulates that fifty percent (50%) of the fees are allocated to the Division for inspection and oversight of auto auctions. The amendment changes this purpose to instead support the operations of the Division of Arkansas State Police.

In addition to the change in purpose, the bill also updates the legal language to reflect this new focus. The specific deletion of "inspection and oversight of auto auctions" is replaced with "operations of the Division of Arkansas State Police," thereby broadening the scope of how the funds can be utilized within the Division. This legislative change aims to enhance the operational capabilities of the Arkansas State Police in relation to auto auctions.

Statutes affected:
Old version HB1988 Original - 4-3-2025 04:01 PM: 23-112-614(c)
Old version HB1988 V2 - 4-9-2025 11:12 AM: 23-112-614(c)
HB 1988: 23-112-614(c)
Act 930: 23-112-614(c)