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Senators Murphy of the 27th and Mullis of the 53rd offered the following amendment:
Senators Murphy of the 27th and Mullis of the 53rd offered the following amendment:
Amend
the Senate Public Safety Committee substitute to HB 57 (LC 35 1432S) by adding
"amend Code Section 10-1-791 of the
Official Code of Georgia Annotated, relating to waiver of motor vehicle warranty
rights, so as to increase the fee for the motor vehicle arbitration account"
at the beginning of
line 1.
By
inserting between lines 12 and 13 the following:
SECTION
.1.
Code
Section 10-1-791 of the Official Code of Georgia Annotated, relating to waiver
of motor vehicle warranty rights, is amended by revising subsection (a) as
follows:
"(a)
A fee of
$3.00
$5.00
shall be collected by the new motor vehicle dealer from the consumer at
completion of a sale or execution of a lease of each new motor vehicle. The fee
shall be forwarded quarterly to the Office of Planning and Budget for deposit in
the new motor vehicle arbitration account created in the state treasury. The
payments are due and payable the first day of the month in each quarter for the
previous quarter's collection and shall be mailed by the new motor vehicle
dealer not later than the twentieth day of such month. The first day of the
month in each quarter is July 1, October 1, January 1, and April 1 for each
year. Consumer fees in the account shall be used for the purposes of this
article. Funds in excess of the appropriated amount remaining in the new motor
vehicle arbitration account at the end of each fiscal year shall be transferred
to the general treasury. The new motor vehicle dealer shall retain $1.00 of
each fee collected to cover administrative costs."