MTR VEHICLE/DEALERS: Provides relative to an annual automatic adjustment to a fee for motor vehicle dealers based on the Consumer Price Index (EN NO IMPACT See Note)

The maximum fee is no longer a fixed $425 but is now automatically adjusted annually based on the percentage change in the Federal Consumer Price Index for All Urban Consumers.

The fee calculation rules were updated to round amounts less than 50 cents down and amounts of 50 cents or more up to the nearest whole dollar.

The automatic fee adjustment mechanism is scheduled to begin on January 1, 2026.

The agency responsible for calculating and publishing the adjusted fee changed from the Louisiana Motor Vehicle Commission to the Office of Motor Vehicles.

Introduced an annual automatic fee adjustment based on the cumulative percentage change in the Federal Consumer Price Index (CPI-U) for All Urban Consumers.

Established a 3% cap on annual fee increases to prevent inflation from causing disproportionate fee hikes.

Assigned the Louisiana Motor Vehicle Commission the responsibility to calculate and publish the adjusted maximum fee annually by February 1st.

Set the effective date for the new automatic adjustment system to begin on January 1, 2026.

Defined specific rounding rules: fees under 50 cents are rounded down, and fees of 50 cents or more are rounded up to the nearest whole dollar.

Changed the agency responsible for calculating annual fee adjustments from the 'office of motor vehicles' to the 'Louisiana Motor Vehicle Commission.'

Added a cap limiting the annual fee increase based on the Consumer Price Index to a maximum of 3% per calendar year.