Oklahoma 2024 Regular Session

Oklahoma House Bill HB2974 Compare Versions

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2828 STATE OF OKLAHOMA
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3030 2nd Session of the 59th Legislature (2024)
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3232 HOUSE BILL 2974 By: West (Rick)
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3838 AS INTRODUCED
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4040 An Act relating to motor vehicles; prohibiting new
4141 and used motor vehicle dealers from charg ing certain
4242 fee; allowing certain service and handling fee;
4343 allowing for certain cost recovery; allowing for
4444 certain profit; requiring the Oklahoma New Mo tor
4545 Vehicle Commission and the Oklahoma Used Motor
4646 Vehicle and Parts Commission promulgate certain
4747 rules; requiring certain fee be charged to all
4848 customers; requiring certain discl osure; stating
4949 requirements for certain paperwork; requiring certain
5050 notice; authorizing the promulgation of rules;
5151 providing for codification; and providing an
5252 effective date.
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6060 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
6161 SECTION 1. NEW LAW A ne w section of law to be codified
6262 in the Oklahoma Statutes as Section 580.3 of Title 47, unless there
6363 is created a duplication in numbering, reads as follows:
6464 A. A new motor vehicle dealer may fill in the blanks on
6565 standardized forms in connection with the sale or lease of a new or
6666 a used motor vehicle if the motor vehicle dealer does not charge for
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9393 the service of filling in the blanks or otherwise charge for
9494 preparing documents.
9595 B. 1. A motor vehicle deale r may charge a service and handling
9696 fee in connection with the sale or lease of a new or a used motor
9797 vehicle for:
9898 a. the handling, processing, and storage of documents ,
9999 and
100100 b. other administrative and clerical services.
101101 2. The service and handling fee may be charged to allow c ost
102102 recovery for motor vehi cle dealers. A portion of the service and
103103 handling fee may result in profit to the motor vehicle dealer.
104104 C. 1. The Oklahoma New Motor Vehicle Commission shall
105105 determine by rule the amount of the service and handling fee that
106106 may be charged by a new motor vehicle dealer. The service and
107107 handling fee shall be no more than One Hundred Twenty-Nine Dollars
108108 ($129.00).
109109 2. If a service and handling fee is charged under t his section,
110110 the service and handling fee shall be charged to all retail
111111 customers and shall be disclosed on the retail buyer 's order form as
112112 a separate itemized charge.
113113 D. A preliminary worksheet on which a sale price is com puted
114114 and that is shown to the purchaser, a ret ail buyer's order form from
115115 the purchaser, or a retail installment contrac t shall include in
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142142 reasonable proximity to the place on the document where the service
143143 and handling fee authorized by this section is disclosed:
144144 1. The amount of the service and han dling fee; and
145145 2. A notice in type that is bold-faced, capitalized,
146146 underlined, or otherwise conspicuously set out from the surrounding
147147 written material. The notice shall read:
148148 "A SERVICE AND HANDLING FEE IS NOT AN OFFICIAL FEE. A SERVICE
149149 AND HANDLING FEE IS NOT REQUIRED BY LAW BUT MAY BE CHARGED TO THE
150150 CUSTOMER FOR PERFORMIN G SERVICES AND HANDLING DOCUMENTS RELATING TO
151151 THE CLOSING OF A SALE OR LEASE. THE SERVICE AND HANDLING FEE MAY
152152 RESULT IN PROFIT TO THE DEALER. THE SERVICE AND HANDLING FEE DOES
153153 NOT INCLUDE PAYMENT FOR THE PREPARATION OF LEGAL DOCUMENTS. THIS
154154 NOTICE IS REQUIRED BY LAW."
155155 E. The Oklahoma New Motor Vehicle Commission is authorized to
156156 promulgate rules to ef fectuate the provisions of this section.
157157 SECTION 2. NEW LAW A new section of law to be codified
158158 in the Oklahoma Statutes as Sectio n 589 of Title 47, unless there is
159159 created a duplication in numbering, reads as follows:
160160 A. A used motor vehicle dealer may fill in the blanks on
161161 standardized forms in connection wi th the sale or lease of a used
162162 motor vehicle if the motor vehicle dealer d oes not charge for the
163163 service of filling in the blanks or otherwise charge for preparing
164164 documents.
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191191 B. 1. A used motor vehicle dealer may charge a service and
192192 handling fee in connection with the sale or lease of used motor
193193 vehicle for:
194194 a. the handling, processing, and storage of documents,
195195 and
196196 b. other administrative and clerical services.
197197 2. The service and handling fee may be charged to allow cost
198198 recovery for motor vehicle deal ers. A portion of the service and
199199 handling fee may result in profit to the motor vehicle deal er.
200200 C. 1. The Oklahoma Used Motor Vehicle and Parts Commission
201201 shall determine by rule the amount of the service and handling fee
202202 that may be charged by a used motor vehicle dealer. The service and
203203 handling fee shall be no more than One Hundred Twenty-Nine Dollars
204204 ($129.00).
205205 2. If a service and handling fee is charged under t his section,
206206 the service and handling fee shall be charged to all retail
207207 customers and shall be disclosed on the retail buyer 's order form as
208208 a separate itemized charge.
209209 D. A preliminary worksheet on which a sale price is com puted
210210 and that is shown to the purchaser, a retail buyer 's order form from
211211 the purchaser, or a retail installment con tract shall include in
212212 reasonable proximity to the place on the document w here the service
213213 and handling fee authorized by this section is disclosed:
214214 1. The amount of the service and handling fee; and
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241241 2. A notice in type that is bold-faced, capitalized,
242242 underlined, or otherwise conspicuously set out f rom the surrounding
243243 written material. The notice shall read:
244244 "A SERVICE AND HANDLING FEE IS NOT AN OFFICIAL FEE. A SERVICE
245245 AND HANDLING FEE IS NOT REQUIRED BY LAW BUT MAY BE CHARGED TO TH E
246246 CUSTOMER FOR PERFORMING SERVICES AND HANDLING DOCUMENTS RELATING TO
247247 THE CLOSING OF A SALE OR LEASE. THE SERVICE AND HANDL ING FEE MAY
248248 RESULT IN PROFIT TO THE DEALER. THE SERVICE AND HANDLING FEE DOES
249249 NOT INCLUDE PAYMENT FOR THE PREPARATION OF LEGAL DOCUMENTS. THIS
250250 NOTICE IS REQUIRED BY LAW."
251251 E. The Oklahoma Used Motor Vehicle and Parts Commission is
252252 authorized to promulgate rules to effectuate the provisions of this
253253 section.
254254 SECTION 3. This act shall become effective November 1, 2024.
255255
256256 59-2-8548 JBH 12/18/23