This bill amends section 60-1411.01 of the Reissue Revised Statutes of Nebraska, which pertains to the fees associated with various licenses under the Motor Vehicle Industry Regulation Act. The proposed changes include significant increases in the fees for several types of licenses. For instance, the fee for a motor vehicle dealer's license will rise from $400 to $1,000, while the fee for a supplemental motor vehicle dealer's license will increase from $20 to $500. Other notable changes include the fees for a manufacturer's license and a distributor's license, both of which will increase from $600 to $1,500. Additionally, the bill introduces new fees for certain actions, such as a $100 fee for changing locations within the same city or county and a $50 fee for a name change without ownership change.

The bill also stipulates that all licenses, if issued, will expire on December 31 of the year following their issuance, and it requires annual applications for new or renewal licenses. The original section 60-1411.01 is repealed, indicating that the new provisions will replace the existing law. Overall, the bill aims to adjust the fee structure to better support the administration and enforcement of the Motor Vehicle Industry Regulation Act.

Statutes affected:
Introduced: 60-1411.01