MISSISSIPPI LEGISLATURE

2006 Regular Session

To: Finance

By: Senator(s) Wilemon

Senate Bill 2898

AN ACT TO AMEND SECTION 63-21-63, MISSISSIPPI CODE OF 1972, TO INCREASE THE FEE FOR CERTAIN APPLICATIONS FOR CERTIFICATE OF TITLE AND APPLICATION FOR A REPLACEMENT OR CORRECTED CERTIFICATE OF TITLE; AND FOR RELATED PURPOSES.

     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

     SECTION 1.  Section 63-21-63, Mississippi Code of 1972, is amended as follows:

     63-21-63.  There shall be paid to the State Tax Commission for issuing and processing documents required by this chapter, fees for motor vehicles according to the following schedule:

(a)  Each application for certificate of title issued under Section 63-21-9(2).................................................... $ 8.00;

(b)  Each application for certificate of title not issued under Section 63-21-9(2).................................................   9.00;

(c)  Each application for replacement or

corrected certificate of title..........................   9.00;

(d)  Each suspension or revocation of

certificate of title....................................   4.00;

(e)  Each notice of security interest.........   4.00;

(f)  Each release of security interest........   4.00;

(g)  Each assignment by lienholder............   4.00;

(h)  Each application for information as to

the status of the title of a vehicle....................   4.00.

     The designated agent may add the sum of One Dollar ($1.00) to each document processed for which a fee is charged to be retained as his commission for services rendered.  All other fees collected shall be remitted to the State Tax Commission.

     If more than one (1) transaction be involved in any application on a single vehicle and if supported by all required documents, the fee charged by the State Tax Commission and by the designated agent for processing and issuing shall be considered as only one (1) transaction.

     SECTION 2.  This act shall take effect and be in force from and after July 1, 2006.