ENGR. H. A. to ENGR. S. B. NO. 273 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ENGROSSED HOUSE AMENDME NT TO ENGROSSED SENATE BILL NO . 273 By: Quinn of the Senate and Miller of the House An Act relating to liens on personal property; requiring registration with Oklahoma Tax Commission for persons preparing certain notice s; establishing annual fee; providing exception; requiring inclusion of certain information on notices; establishing monetary penalty for violation; requiring promulgation of rules by the Oklahoma Tax Commission; providing for codification; and providing a n effective date. AMENDMENT NO. 1. Delete the title, enacting clause and entire bill and replace with: "An Act relating to liens on personal property; requiring registration with Oklahoma Tax Commission for persons preparing certain notices; establis hing annual fee; providing exception; requiring inclusion of certain information on notices; establishing monetary penalty for violation; requiring promulgation of rules by the Oklahoma Tax Commission; providing for codification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 90 of Title 42, unless there is created a duplication in numbering, reads as follows: ENGR. H. A. to ENGR. S. B. NO. 273 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 A person or persons charging a fee for the preparation or assistance in preparation of notices required by Chapter 2 of Title 42 of the Oklahoma Statutes, other than a person licensed under Title 5 of the Oklahoma Statutes, shall register with and submit a fifty-dollar annual fee to the Oklahoma Tax Commission ; provided, however, such requirements shall not apply to a lawful possessor or employee of a lawful possessor of the property for which such notices are issued. All documentation related to notices prepared by a person required to register pursuant to this section shall include the name of the person. A penalty of One Hundred Dollars ($100.00) shall be imposed upon a person who prepares or assists in the preparation of notices in violation o f the requirements of this section. The Oklahoma Tax Commission shall promulgate rules to effectuate the requirements of this section. SECTION 2. This act shall become effective January 1, 2022. " ENGR. H. A. to ENGR. S. B. NO. 273 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Passed the House of Representatives the 14th day of April, 2021. Presiding Officer of the House of Representatives Passed the Senate the ____ day of __________, 2021. Presiding Officer of the Senate ENGR. S. B. NO. 273 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ENGROSSED SENATE BILL NO. 273 By: Quinn of the Senate and Miller of the House An Act relating to liens on personal property; requiring registration with Oklahoma Tax Commission for persons preparing certain notices; establishing annual fee; providing exception; requiring inclusion of certain information on notices; establishi ng monetary penalty for violation; requiring promulgation of rules by the Oklahoma Tax Commission; providing for codification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 3. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 90 of Title 42, unless there is created a duplication in numbering, reads as follows: A person who prepares or assists in the preparation of notices required by Chapter 2 of Titl e 42 of the Oklahoma Statutes shall register with and submit a Fifty -Dollar annual fee to the Oklahoma Tax Commission; provided, however, such requirements shall not apply to a lawful possessor or employee of a lawful possessor of the property for which su ch notices are issued. All documentation related to notices prepared by a person required to register pursuant to this section shall include the name of the person. A ENGR. S. B. NO. 273 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 penalty of One Hundred Dollars ($100.00) shall be imposed upon a person who prepares or assists in the preparation of notices in violation of the requirements of this section. The Oklahoma Tax Commission shall promulgate rules to effectuate the requirements of this section. SECTION 4. This act shall become effective Novembe r 1, 2021. Passed the Senate the 10th day of March, 2021. Presiding Officer of the Senate Passed the House of Representatives the ____ day of __________, 2021. Presiding Officer of the House of Representatives