Tennessee HB 1720: Motor Vehicles, Titling and Registration - As introduced, requires county clerks to retain $3.00 of the $11.00 fee for noting liens, encumbrances, or mortgages on a certificate of title; requires the retained funds to be earmarked for office supplies and equipment related to the notations. - Amends TCA Section 55-6-101.
Status: Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee (as of 2020-06-03)
State: Tennessee · Session: 111 · Bill: HB 1720
Subjects: Motor Vehicles, Titling and Registration
Sponsors: Bailey, Williams
Bill Text
HB1720 012022 -1- <BillNo> <Sponsor> HOUSE BILL 1720 By Williams AN ACT to amend Tennessee Code Annotated, Section 55-6-101, relative to county clerks. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: SECTION 1. Tennessee Code Annotated, Section 55-6-101(a)(2), is amended by deleting the semi-colon at the end of the subdivision and substituting instead the following: . Of the eleven-dollar fee, the county clerk shall retain three dollars ($3.00) and remit the remaining balance of eight dollars ($8.00) to the department. The funds retained by the county clerk shall be earmarked for office supplies and equipment required to perform duties in connection with services related to the notation of liens and encumbrances and the extension of mortgages on certificates of title. Such funds shall be preserved for these purposes and shall not revert to the county general fund at the end of a budget year if unexpended; SECTION 2. Tennessee Code Annotated, Section 55-6-101(a)(3), is amended by deleting the semi-colon at the end of the subdivision and substituting instead the following: . Of the eleven-dollar fee, the county clerk shall retain three dollars ($3.00) and remit the remaining balance of eight dollars ($8.00) to the department. The funds retained by the county clerk shall be earmarked for office supplies and equipment required to perform duties in connection with services related to the notation of liens and encumbrances and the extension of mortgages on certificates of title. Such funds shall be preserved for these purposes and shall not revert to the county general fund at the end of a budget year if unexpended; SECTION 3. This act shall take effect July 1, 2020, the public welfare requiring it.
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