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3 | 3 | | Req. No. 8548 Page 1 1 |
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28 | 28 | | STATE OF OKLAHOMA |
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29 | 29 | | |
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30 | 30 | | 2nd Session of the 59th Legislature (2024) |
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31 | 31 | | |
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32 | 32 | | HOUSE BILL 2974 By: West (Rick) |
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33 | 33 | | |
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34 | 34 | | |
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37 | 37 | | |
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38 | 38 | | AS INTRODUCED |
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39 | 39 | | |
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40 | 40 | | An Act relating to motor vehicles; prohibiting new |
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41 | 41 | | and used motor vehicle dealers from charg ing certain |
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42 | 42 | | fee; allowing certain service and handling fee; |
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43 | 43 | | allowing for certain cost recovery; allowing for |
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44 | 44 | | certain profit; requiring the Oklahoma New Mo tor |
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45 | 45 | | Vehicle Commission and the Oklahoma Used Motor |
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46 | 46 | | Vehicle and Parts Commission promulgate certain |
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47 | 47 | | rules; requiring certain fee be charged to all |
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48 | 48 | | customers; requiring certain discl osure; stating |
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49 | 49 | | requirements for certain paperwork; requiring certain |
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50 | 50 | | notice; authorizing the promulgation of rules; |
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51 | 51 | | providing for codification; and providing an |
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52 | 52 | | effective date. |
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53 | 53 | | |
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54 | 54 | | |
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59 | 59 | | |
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60 | 60 | | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: |
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61 | 61 | | SECTION 1. NEW LAW A ne w section of law to be codified |
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62 | 62 | | in the Oklahoma Statutes as Section 580.3 of Title 47, unless there |
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63 | 63 | | is created a duplication in numbering, reads as follows: |
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64 | 64 | | A. A new motor vehicle dealer may fill in the blanks on |
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65 | 65 | | standardized forms in connection with the sale or lease of a new or |
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66 | 66 | | a used motor vehicle if the motor vehicle dealer does not charge for |
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67 | 67 | | |
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92 | 92 | | |
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93 | 93 | | the service of filling in the blanks or otherwise charge for |
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94 | 94 | | preparing documents. |
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95 | 95 | | B. 1. A motor vehicle deale r may charge a service and handling |
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96 | 96 | | fee in connection with the sale or lease of a new or a used motor |
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97 | 97 | | vehicle for: |
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98 | 98 | | a. the handling, processing, and storage of documents , |
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99 | 99 | | and |
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100 | 100 | | b. other administrative and clerical services. |
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101 | 101 | | 2. The service and handling fee may be charged to allow c ost |
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102 | 102 | | recovery for motor vehi cle dealers. A portion of the service and |
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103 | 103 | | handling fee may result in profit to the motor vehicle dealer. |
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104 | 104 | | C. 1. The Oklahoma New Motor Vehicle Commission shall |
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105 | 105 | | determine by rule the amount of the service and handling fee that |
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106 | 106 | | may be charged by a new motor vehicle dealer. The service and |
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107 | 107 | | handling fee shall be no more than One Hundred Twenty-Nine Dollars |
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108 | 108 | | ($129.00). |
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109 | 109 | | 2. If a service and handling fee is charged under t his section, |
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110 | 110 | | the service and handling fee shall be charged to all retail |
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111 | 111 | | customers and shall be disclosed on the retail buyer 's order form as |
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112 | 112 | | a separate itemized charge. |
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113 | 113 | | D. A preliminary worksheet on which a sale price is com puted |
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114 | 114 | | and that is shown to the purchaser, a ret ail buyer's order form from |
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115 | 115 | | the purchaser, or a retail installment contrac t shall include in |
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141 | 141 | | |
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142 | 142 | | reasonable proximity to the place on the document where the service |
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143 | 143 | | and handling fee authorized by this section is disclosed: |
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144 | 144 | | 1. The amount of the service and han dling fee; and |
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145 | 145 | | 2. A notice in type that is bold-faced, capitalized, |
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146 | 146 | | underlined, or otherwise conspicuously set out from the surrounding |
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147 | 147 | | written material. The notice shall read: |
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148 | 148 | | "A SERVICE AND HANDLING FEE IS NOT AN OFFICIAL FEE. A SERVICE |
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149 | 149 | | AND HANDLING FEE IS NOT REQUIRED BY LAW BUT MAY BE CHARGED TO THE |
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150 | 150 | | CUSTOMER FOR PERFORMIN G SERVICES AND HANDLING DOCUMENTS RELATING TO |
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151 | 151 | | THE CLOSING OF A SALE OR LEASE. THE SERVICE AND HANDLING FEE MAY |
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152 | 152 | | RESULT IN PROFIT TO THE DEALER. THE SERVICE AND HANDLING FEE DOES |
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153 | 153 | | NOT INCLUDE PAYMENT FOR THE PREPARATION OF LEGAL DOCUMENTS. THIS |
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154 | 154 | | NOTICE IS REQUIRED BY LAW." |
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155 | 155 | | E. The Oklahoma New Motor Vehicle Commission is authorized to |
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156 | 156 | | promulgate rules to ef fectuate the provisions of this section. |
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157 | 157 | | SECTION 2. NEW LAW A new section of law to be codified |
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158 | 158 | | in the Oklahoma Statutes as Sectio n 589 of Title 47, unless there is |
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159 | 159 | | created a duplication in numbering, reads as follows: |
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160 | 160 | | A. A used motor vehicle dealer may fill in the blanks on |
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161 | 161 | | standardized forms in connection wi th the sale or lease of a used |
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162 | 162 | | motor vehicle if the motor vehicle dealer d oes not charge for the |
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163 | 163 | | service of filling in the blanks or otherwise charge for preparing |
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164 | 164 | | documents. |
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190 | 190 | | |
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191 | 191 | | B. 1. A used motor vehicle dealer may charge a service and |
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192 | 192 | | handling fee in connection with the sale or lease of used motor |
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193 | 193 | | vehicle for: |
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194 | 194 | | a. the handling, processing, and storage of documents, |
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195 | 195 | | and |
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196 | 196 | | b. other administrative and clerical services. |
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197 | 197 | | 2. The service and handling fee may be charged to allow cost |
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198 | 198 | | recovery for motor vehicle deal ers. A portion of the service and |
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199 | 199 | | handling fee may result in profit to the motor vehicle deal er. |
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200 | 200 | | C. 1. The Oklahoma Used Motor Vehicle and Parts Commission |
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201 | 201 | | shall determine by rule the amount of the service and handling fee |
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202 | 202 | | that may be charged by a used motor vehicle dealer. The service and |
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203 | 203 | | handling fee shall be no more than One Hundred Twenty-Nine Dollars |
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204 | 204 | | ($129.00). |
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205 | 205 | | 2. If a service and handling fee is charged under t his section, |
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206 | 206 | | the service and handling fee shall be charged to all retail |
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207 | 207 | | customers and shall be disclosed on the retail buyer 's order form as |
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208 | 208 | | a separate itemized charge. |
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209 | 209 | | D. A preliminary worksheet on which a sale price is com puted |
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210 | 210 | | and that is shown to the purchaser, a retail buyer 's order form from |
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211 | 211 | | the purchaser, or a retail installment con tract shall include in |
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212 | 212 | | reasonable proximity to the place on the document w here the service |
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213 | 213 | | and handling fee authorized by this section is disclosed: |
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214 | 214 | | 1. The amount of the service and handling fee; and |
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240 | 240 | | |
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241 | 241 | | 2. A notice in type that is bold-faced, capitalized, |
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242 | 242 | | underlined, or otherwise conspicuously set out f rom the surrounding |
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243 | 243 | | written material. The notice shall read: |
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244 | 244 | | "A SERVICE AND HANDLING FEE IS NOT AN OFFICIAL FEE. A SERVICE |
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245 | 245 | | AND HANDLING FEE IS NOT REQUIRED BY LAW BUT MAY BE CHARGED TO TH E |
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246 | 246 | | CUSTOMER FOR PERFORMING SERVICES AND HANDLING DOCUMENTS RELATING TO |
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247 | 247 | | THE CLOSING OF A SALE OR LEASE. THE SERVICE AND HANDL ING FEE MAY |
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248 | 248 | | RESULT IN PROFIT TO THE DEALER. THE SERVICE AND HANDLING FEE DOES |
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249 | 249 | | NOT INCLUDE PAYMENT FOR THE PREPARATION OF LEGAL DOCUMENTS. THIS |
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250 | 250 | | NOTICE IS REQUIRED BY LAW." |
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251 | 251 | | E. The Oklahoma Used Motor Vehicle and Parts Commission is |
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252 | 252 | | authorized to promulgate rules to effectuate the provisions of this |
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253 | 253 | | section. |
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254 | 254 | | SECTION 3. This act shall become effective November 1, 2024. |
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255 | 255 | | |
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256 | 256 | | 59-2-8548 JBH 12/18/23 |
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