requires two-thirds majority vote (§ 1)                                                                                          

                                                                                                  

                                                                                                                                                          S.B. 503

 

Senate Bill No. 503–Committee on Finance

 

(On Behalf of Department of Administration—Budget Division

 

March 26, 2001

____________

 

Referred to Committee on Transportation

 

SUMMARY—Increases service charge assessed by department of motor vehicles and public safety for checks dishonored upon presentation for payment. (BDR 43‑1312)

 

FISCAL NOTE:    Effect on Local Government: No.

                                 Effect on the State: No.

 

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to the department of motor vehicles and public safety; increasing the service charge assessed by the department for checks that are dishonored upon presentation for payment; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

1-1    Section 1. NRS 481.079 is hereby amended to read as follows:

1-2    481.079  1.  Except as otherwise provided by specific statute, all

1-3  taxes, license fees and money collected pursuant to NRS 481.0475 must be

1-4  deposited with the state treasurer to the credit of the motor vehicle fund.

1-5    2.  If any check accepted by the department in payment of fees

1-6  pursuant to NRS 481.0475 is dishonored upon presentation for payment:

1-7    (a) The drawer is subject to a service charge of [$10,] $25, in addition to

1-8  any other penalties provided by law; and

1-9    (b) The department may require that future payments from the person

1-10  be made by cashier’s check, money order, traveler’s check or cash.

1-11    3.  The department may adjust the amount of a deposit made with the

1-12  state treasurer to the credit of the motor vehicle fund for any cash shortage

1-13  or overage resulting from the collection of fees.

1-14    Sec. 2.  This act becomes effective on July 1, 2001.

 

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