HLS 25RS-535 ORIGINAL 2025 Regular Session HOUSE BILL NO. 476 BY REPRESENTATIVE FONTENOT Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. MTR VEHICLE/DEALERS: Provides relative to an annual automatic adjustment to a fee for motor vehicle dealers based on the Consumer Price Index 1 AN ACT 2To amend and reenact R.S. 6:969.18(A)(2)(a), relative to an annual automatic adjustment 3 to a fee for motor vehicle dealers; to provide for a fee increase based on the 4 Consumer Price Index; to instruct the office of motor vehicles on the calculation of 5 the fee; to provide for an effective date; and to provide for related matters. 6Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 6:969.18(A)(2)(a) is hereby amended and reenacted to read as 8follows: 9 ยง969.18. Documentation and compliance fees; notary fees; transfer of equity and 10 other fees; disclosure 11 A. 12 * * * 13 (2)(a) The seller, who may also be an extender of credit, may, in connection 14 with any retail sale, including but not limited to a retail installment transaction, 15 charge a fee for credit investigation, compliance with federal and state law, 16 preparation of the documents necessary to perfect or satisfy a lien upon the objects 17 sold, and any other functions incidental to the titling of the retail sale. The base 18 maximum amount permitted to be charged shall be four hundred twenty-five dollars. 19 The base maximum fee permitted under this Paragraph shall be adjusted to reflect 20 the cumulative percentage change in the annual average of the Federal Consumer Page 1 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 25RS-535 ORIGINAL HB NO. 476 1 Price Index for All Urban Consumers, or CPI-U, or its successor index, as reported 2 by the United States Department of Labor, Bureau of Labor Statistics, or its 3 successor agency, for the most recent twelve-month period, relative to the index 4 value for calendar year 2025. If the cumulative percentage change is negative, no 5 adjustment shall be made for that year. The office of motor vehicles shall annually 6 calculate and furnish the adjusted maximum fee no later than January fourteenth of 7 each year. Any adjustment amount which is less than fifty cents shall be rounded 8 down to the next lowest whole dollar, and any adjustment amount which is fifty 9 cents or greater shall be rounded up to the next highest whole dollar. 10 * * * 11 Section 2. The fee adjustment specified in R.S. 6:969.18(A)(2)(a) as enacted by 12Section 1 of this Act, shall begin on January 1, 2026. 13 Section 3. This Act shall become effective upon signature by the governor or, if not 14signed by the governor, upon expiration of the time for bills to become law without signature 15by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If 16vetoed by the governor and subsequently approved by the legislature, this Act shall become 17effective on the day following such approval. 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 476 Original 2025 Regular Session Fontenot Abstract: Provides relative to an annual automatic adjustment to a fee for motor vehicle dealers. Present law provides that a motor vehicle seller may charge a fee for credit investigation, compliance with federal and state law, preparation of the documents necessary to perfect or satisfy a lien upon the objects sold, and any other functions incidental to the titling of the retail sale not to exceed $425. Proposed law changes present law to allow the fee to be increased annually by an amount equal to the percentage change in the annual average of the Consumer Price Index for All Urban Consumers as reported by the Federal Bureau of Labor Statistics by zero, whichever is greater. Proposed law provides that the La. Office of Motor Vehicles shall annually calculate and furnish the fee determined under proposed law no later than the 14 th of January each year. Page 2 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 25RS-535 ORIGINAL HB NO. 476 Proposed law provides that the fee adjustment provided in proposed law will begin Jan.1, 2026. Effective upon signature of governor or lapse of time for gubernatorial action. (Amends R.S. 6:969.18(A)(2)(a)) Page 3 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions.