(I) IS DESIGNED BY, AND OBTAINED FROM, THE ADMINISTRATION;

(II) IS SIGNED BY THE BUYER AND THE SELLER; AND

(III) IN THE CASE OF A TOTAL PURCHASE PRICE THAT IS LESS THAN
80 PERCENT OF THE VALUATION SHOWN IN A NATIONAL PUBLICATION OF USED §§CAR
VALUES ADOPTED FOR USE BY THE DEPARTMENT, IS ACCOMPANIED BY SUPPORTING
DOCUMENTATION TO JUSTIFY THE TOTAL PURCHASE PRICE, INCLUDING:

1. CANCELED CHECKS;

2. MONEY ORDER RECEIPTS;

3. LOAN DOCUMENTS;

4. A WRITTEN DESCRIPTION OF THE VEHICLE'S CONDITION;

5. ANY OTHER EVIDENCE REQUIRED BY THE

ADMINISTRATION TO MAKE A DETERMINATION OF FAIR MARKET VALUE.

(III) INCLUDES A STATEMENT EXPLAINING WHY THE VEHICLE WAS
SOLD AT THE PRICE STATED IN THE BILL OF SALE.

(e) Any person who fails to pay the excise tax as required in this section is
guilty of a misdemeanor and on conviction is subject to a fine not exceeding $1,000.

13-812.

(a) For collecting and remitting the tax, a licensed dealer who, on behalf of the
Administration, collects the excise tax imposed by this part [for any Class A
(passenger) vehicle, Class D (motorcycle) vehicle, Class G (trailer) travel trailer or
camping trailer, or Class M (multipurpose) vehicle,] may keep THE LESSER OF $24
PER VEHICLE OR 1.2 percent of the gross excise tax [he] THE DEALER collects [for
these vehicles] UP TO $24 PER VEHICLE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1999.

Approved May 13, 1999.

CHAPTER 362
(Senate Bill 516)

AN ACT concerning

Joint Committee on Children and Youth, Youth, and Families

FOR the purpose of creating a Joint Committee on Children and Youth, Youth, and
Families; specifying the membership and tenure of the Committee; providing for
the appointment of cochairmen of the Committee; establishing that the full