00                            HOUSE BILL NO. 344                                                                          
01 "An Act relating to the commissioner of administration's appointing agents to perform                                   
02 for compensation certain transactions related to vehicles; and providing for an effective                               
03 date."                                                                                                                  
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1. AS 28.05 is amended by adding a new section to read:                                                  
06            Sec. 28.05.024. Agreements with agents to perform title and registration                                   
07       services. (a) Notwithstanding another provision of law, the commissioner may enter                              
08       into agreement with agents to perform vehicle title and registration services. An agent                           
09       shall meet the qualifications and requirements set by the department by regulation.                               
10       The regulations must require, at a minimum, that the agent be bonded, have an Alaska                              
11       business license under AS 43.70, and have been in existence for a minimum of one                                  
12       year before entering into the agreement with the commissioner. Subject to regulations                             
13       adopted by the department, the commissioner may, in the agreement, allow the agent                                
14       to retain up to 15 percent of the proceeds, excluding any taxes or fees imposed by a                              

01       municipality, collected on behalf of the department as compensation under the                                     
02       agreement. The commissioner shall provide in the agreement for regular audits of the                              
03       agent and penalties for failure to timely submit the report required by (b)(2) of this                            
04       section and remit the proceeds to the department as required by (b)(1) of this section.                           
05            (b)  An agent under (a) of this section shall, as directed in the terms of the                               
06       agreement authorized by (a) of this section, transmit to the commissioner                                         
07                 (1)  the proceeds collected by the agent on behalf of the department,                                   
08       except the amount the agent is authorized to retain under (a) of this section; and                                
09                 (2)  a report of the title and registration services provided by the agent.                             
10            (c)  In this section, "agent" does not include a person who is a state employee                              
11       when acting in the capacity of a state employee.                                                                  
12    * Sec. 2. This Act takes effect July 1, 2006.