Louisiana 2015 2015 Regular Session

Louisiana House Bill HB445 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 445 Original	2015 Regular Session	Mack
Abstract: Provides relative to requirements for public tag agents and public tag agent applicants.
Present law authorizes the commissioner to establish a system of public license tag agents to collect
the registration license taxes.  Specifies that the system is to consist of municipal and parish
governing authorities or new motor vehicle dealers or their agents as well as authorized auto title
companies.
Proposed law requires persons, natural or juridical, except those included in the system established
pursuant to present law to collect registration license taxes.
Present law requires each public license tag agent other than a municipal governing authority to
execute a good and sufficient surety bond with a surety company qualified to do business in
Louisiana as surety, in a sum of not less than $10,000 nor more than $100,000.  Specifies that a
public license tag agent with multiple locations only has to furnish a single $10,000 surety bond in
addition to any other bonds required by law.
Proposed law removes present law surety requirements and instead requires each public license tag
agent other than a municipal governing authority to execute a good and sufficient surety bond with
a surety company qualified to do business in Louisiana as surety, in a sum of $50,000 should the
public tag agent have only one office in this state and in a sum of $75,000 should the public tag agent
have more than one office in this state.
Proposed law prohibits a person who has been found guilty of violating any rule and regulation
promulgated by the Dept. of Public Safety and Corrections, public safety services, (DPS&C)
pertaining to the issuance of motor vehicle titles, registration, or driver's licenses within the two year
period prior to the date of application from becoming a public tag agent.
Proposed law requires the DPS&C to revoke the license of a public tag agent for repeatedly violating
rules and regulations promulgated pursuant to this Section.  Requires the DPS&C to promulgate
rules and regulations pursuant to the Administrative Procedure Act to implement the provisions of
proposed law.
(Amends R.S. 47:532.1(A)(1), (3)(a), (6), and (B))