Used motor vehicles; authorizing Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing Commission to regulate used powersports vehicle dealers. Effective date.
SB 529 creates a new exemption for used powersports vehicle dealers (including ATVs, motorcycles, scooters, and mopeds) in Oklahoma. It allows these dealers to apply annually to the Oklahoma Tax Commission for exemption status, provided they demonstrate that most of their revenue comes from selling these vehicles. The Tax Commission would then grant annual exemption, removing them from certain regulatory requirements. This directly affects dealers selling used powersports vehicles but excludes those selling off-road vehicles through retail implement dealers.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2025
Last action Feb 25, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
SB529 (3-26-25) (SACCHIERI) FS FA1.PDF
→
Floor (Senate)
·
6 edits
MODERATE
The bill was revised to shift focus from used motor vehicle excise tax exemptions to regulating used powersports vehicle dealers. The new version establishes licensing requirements, fees, bonding, and insurance mandates for dealers selling motorcycles, scooters, ATVs, and utility vehicles, while removing the previous tax exemption framework.
Scope change
The bill's scope changed from primarily addressing tax exemptions for vehicle transfers to establishing comprehensive dealer regulation for used powersports vehicles.
SCOPE
Changed the bill's primary focus from tax exemption provisions to dealer licensing and regulation requirements.
REQUIREMENT
Added mandatory licensing, bonding, and liability insurance requirements for used powersports vehicle dealers.
ELIGIBILITY
Removed the annual application process for tax exemption designation that was previously available to certain retailers.
DEFINITION
Updated statutory references from Title 68 to Title 47 and changed the commission from Tax Commission to Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing Commission.
ENFORCEMENT
Added provisions for revoking dealer licenses under specified conditions.
TIMELINE
Added reference to 'Cody's Law' as the official citation for this legislation.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
1
Feb 20, 2025
Upper · Passed
Reported Do Pass Business and Insurance committee; CR filed
upper
Feb 3, 2025
Introduced
First Reading
upper
2 primary · 0 co-sponsors
Sponsors
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