The 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.
Specifically, the bill changes the use of funds from being allocated for "inspection and oversight of auto auctions" to instead support the "operations of the Division of Arkansas State Police." This adjustment aims to streamline the purpose of the fees collected from auto auctions, ensuring that they are utilized more effectively within the police division.
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)