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HB 1988

Local school boards; powers and duties, binding arbitration agreements.

2025 Regular Session Introduced by Bonita Anthony and 4 co-sponsors

Allocates 50% of auto auction fee revenues on salvage/parts-titled vehicles to the Arkansas State Police for inspection and oversight of auto auctions.

Passed by indefinitely in Finance and Appropriations (10-Y 4-N)
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Bill Summary · HB 1988

Summary — HB 1988 (95th Ark. Gen. Assembly, 2025) — Auto Auction Fee Distribution

Status: Approved by Governor (Enacted as Act 930)
Introduced: January 22, 2025
Sponsors: Rep. Tosh; Sen. Hill (cosponsor)
Statutory reference amended: Arkansas Code § 23-112-614(c)(2)
Companion: SB 2776

Purpose / Intent

The bill amends how special revenues derived from auto auction fees on salvage‑titled or parts‑only titled vehicles are allocated and clarifies the permitted use for a specified share of those fees. Its stated intent is to direct a portion of those fee revenues to support inspection and oversight of auto auction operations by the Arkansas State Police.

Key Provision(s)

  • Amends Arkansas Code § 23-112-614(c)(2) to specify that 50% of the special revenues from auto auction fees for salvage‑titled or parts‑only titled vehicles shall be allocated to the Division of Arkansas State Police.
  • Designates that those funds are to be used for inspection and oversight of auto auction operations of the Division of Arkansas State Police.

(Other subsections of § 23-112-614 are not reproduced here; this amendment addresses only subsection (c)(2).)

Who is affected

  • Division of Arkansas State Police: receives 50% of the referenced special revenues and may use those funds for inspection/oversight activities.
  • Auto auction operators and market participants dealing in salvage‑titled or parts‑only titled vehicles: may experience increased inspection and oversight activity funded through these revenues.
  • Other recipients of the remaining 50% of the special revenue (not specified in the excerpt) continue to be affected by the distribution formula established in the broader statute.

Procedural / Timeline Notes

  • Introduced in the House: Jan 22, 2025.
  • Read, amended, and progressed through both chambers in April 2025 (amendment adopted 4/9/25; passed and enrolled mid‑April).
  • Enrolled and transmitted to Governor; approved and became law (notified as Act 930 in legislative record, April 2025).
  • Referenced statutory amendment location: Ark. Code § 23-112-614(c)(2).

Impacts / Considerations

  • Provides a dedicated funding stream for the State Police to improve inspection and oversight of auto auctions handling salvage/parts‑only vehicles. This could increase regulatory enforcement and compliance activity.
  • The change is primarily an allocation/usage clarification rather than creation of a new fee; fiscal impact is largely a reallocation of existing special revenues.
  • The excerpt in the legislative packet includes unrelated material (an Illinois bill text and differing bill title references). For implementation or citation, consult the enrolled Act 930 (final Arkansas act text) to confirm exact operative language and effective date.

If you want, I can locate and quote the final enrolled Act 930 text (Arkansas) and provide the statute’s full subsection context or check the effective date specified in the enrolled act.

Compiled from official sources — confirm details with the bill’s official record.

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