HB2698 - 551R - Senate Fact Sheet

Assigned to APPROP                                                                                                                                                                                                                         FOR COMMITTEE

 


 

 

 


ARIZONA STATE SENATE

Fifty-Fifth Legislature, First Regular Session

 

FACT SHEET FOR H.B. 2698

 

motor vehicle dealer enforcement fund

Purpose

Specifies that monies in the Motor Vehicle Dealer Enforcement Fund (Fund) are continuously appropriated, rather than subject to legislative appropriations.

Background

                      The Director of the Arizona Department of Transportation (ADOT) may impose a civil penalty between $1,000 and $3,000 for a licensing violation by a motor vehicle dealer or automotive recycler. ADOT may require a person to pay all transaction privilege taxes on motor vehicle sales that were conducted in violation of any licensing regulation state law or rule adopted by ADOT. A person is required to pay the civil penalty imposed to ADOT within 30 days and is subject to a court hearing if there is a failure to pay. The Director of ADOT is required to deposit all civil penalties collected from licensed and unlicensed motor vehicle dealer activity into the Fund (A.R.S.   28-4501). Any unexpended and unencumbered monies in the Fund over $250,000 at the end of each fiscal year are deposited into the State Highway Fund (A.R.S.   28-4504).

There is no anticipated fiscal impact to the state General Fund associated with this legislation.

Provisions

1.   Specifies that monies in the Fund are continuously appropriated rather than subject to legislative appropriations.

2.   Makes a technical change.

3.   Becomes effective on the general effective date.

House Action

TRANS                     2/10/21           DP         11-0-0-1

3rd Read                   2/23/21                                 58-0-2

 

Prepared by Senate Research

March 12, 2021

LMM/DH/gs

Statutes affected:
Introduced Version: 28-4504
House Engrossed Version: 28-4504