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47-1120.1.


47-1120.1.
   
   A. The Oklahoma Tax Commission, when in the interest of the State of
   Oklahoma and its residents, may enter into the International
   Registration Plan or other compacts or agreements with other states to
   permit motor vehicle registration and license taxes on any motor
   vehicle to be used as a rental motor vehicle as defined in the
   International Registration Plan.
   
   B. The Commission shall require that each rental motor vehicle be
   assessed the following fees:
   
   1. A registration fee of Fifteen Dollars ($15.00) shall be assessed at
   the time of initial registration in lieu of the fee required by
   paragraph 1 of subsection A of Section 1132 of Title 47 of the
   Oklahoma Statutes; and
   
   2. A fee, to be paid annually in lieu of the fee specified in
   paragraph 2 of subsection A of Section 1132 of Title 47 of the
   Oklahoma Statutes of Ten Dollars ($10.00).
   
   C. Upon registration and payment of the fees required by this section,
   the owner shall receive a license plate which shall be valid until the
   vehicle is permanently withdrawn from the rental fleet of the owner.
   

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