STATE OF OKLAHOMA

2nd Session of the 53rd Legislature (2012)

SENATE BILL 1986	By:	Jolley and Justice of the Senate

			and

		Sears and Martin (Scott) of the House

AS INTRODUCED

An Act relating to motor vehicles; amending 47 O.S. 2011, Section 1103, which relates to the Oklahoma Vehicle License and Registration Act; updating language; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     AMENDATORY     47 O.S. 2011, Section 1103, is amended to read as follows:
Section 1103.  It is the intent of the Legislature that the owner or owners of every vehicle in this state shall possess a certificate of title as proof of ownership and that every vehicle shall be registered in the name of the owner or owners thereof.  All registration and license fees and mileage taxes imposed by this act shall be for the purpose of providing funds for the general governmental functions of the state, counties, municipalities and schools and for the maintenance and upkeep of the avenues of public access of this state.  Such registration and license fees shall apply to every vehicle operated upon, over, along or across any avenue of public access within this state and when paid in full, shall be in lieu of all other taxes, general and local, unless otherwise specifically provided.
SECTION 2.  This act shall become effective November 1, 2012.

53-2-3437	JCR	5/8/2012 4:56:24 PM