Trespass towing fees; State Corporation Commission to establish, etc.

Trespass towing fees; State Corporation Commission to establish; report. Repeals the authority for localities to establish trespass towing fees, with exceptions, and requires the State Corporation Commission to establish such fees and adjust such fees annually based on the Transportation Consumer Price Index. The bill permits localities to, by ordinance, allow for and establish reasonable limits on storage fees, administration fees, and additional fees for towing vehicles with a gross vehicle weight rating of more than 10,000 pounds. The bill requires the Commission, beginning November 30, 2030, and every five years thereafter, to submit a report to the General Assembly reviewing the process for adjusting towing rates, provided that funds are appropriated for such review.