This bill amends existing Louisiana laws regarding public tag agents and auto title companies. It introduces new definitions and clarifies the roles of various entities involved in vehicle title transfers. Specifically, it expands the definition of "auto title company" to include local governmental subdivisions, political subdivisions, and state agencies that enter into contracts under the relevant provisions. Additionally, the bill modifies the surety bond requirements for public license tag agents, exempting local governmental subdivisions, municipal governing authorities, political subdivisions, and state agencies from these requirements.

Furthermore, the bill empowers the office of motor vehicles to impose fines for violations of specific regulations and contracts related to public license tag agents. It establishes a framework for administrative fines, which can be up to $500 for each violation, and allows for the suspension, revocation, or cancellation of contracts based on certain causes. The bill also provides a mechanism for individuals whose contracts have been affected or who have been fined to request an administrative hearing to review the actions taken by the office of motor vehicles.

Statutes affected:
HB539 Original: 32:702(4), 47:1(A)(3), 47:2(A)
HB539 Engrossed: 32:702(4), 47:1(A)(3), 47:2(A)
HB539 Reengrossed: 32:702(4), 47:1(A)(3), 47:2(A)
HB539 Enrolled: 32:702(4), 47:1(A)(3), 47:2(A)
HB539 Act : 32:702(4), 47:1(A)(3), 47:2(A)