REQUIRES TWO THIRDS MAJORITY VOTE (§ 1)                      

      (REPRINTED WITH ADOPTED AMENDMENTS)

 

Senate Bill No. 503–Committee on Finance

 

(On Behalf of Department of Administration—Budget Division)

 

March 26, 2001

____________

 

Referred to Committee on Transportation

 

SUMMARY—Revises provisions relating to service charge assessed by department of motor vehicles and public safety for dishonored payment of certain fees. (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.

 

AN ACT relating to the department of motor vehicles and public safety; expanding the methods of payment for which a service charge is assessed by the department if payment for certain fees is dishonored; increasing that service charge; 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] a check or any other method of payment accepted by the

1-6  department in payment of fees pursuant to NRS 481.0475 is dishonored

1-7  upon presentation for payment:

1-8    (a) The drawer or any other person responsible for payment of the fee

1-9  is subject to a service charge of [$10,] $25, in addition to any other

1-10  penalties provided by law; and

1-11    (b) The department may require that future payments from the person

1-12  be made by cashier’s check, money order, traveler’s check or cash.

1-13    3.  The department may adjust the amount of a deposit made with the

1-14  state treasurer to the credit of the motor vehicle fund for any cash shortage

1-15  or overage resulting from the collection of fees.

1-16    Sec. 2.  This act becomes effective on July 1, 2001.

 

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