Louisiana 2021 2021 Regular Session

Louisiana Senate Bill SB67 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Xavier I. Alexander.
DIGEST
SB 67 Original	2021 Regular Session	Ward
Present law provides that a motor vehicle seller, who also may be an extender of credit, may charge
a fee for credit investigation, compliance with federal or state law, preparation of documents, and
any other functions incidental to the titling of the retail sale. Further provides that the maximum
permitted amount is $200.
Proposed law changes the maximum fee permitted to be charged pursuant to present law from $200
to $425.
Effective August 1, 2021.
(Amends R.S. 6:969.18(A)(2)(a))