SB427

Senate Bill 427 amends Arkansas law to expand exemptions for special events, allowing for the display and sale of a broader range of vehicles beyond just motorcycles. The bill defines 'special event vehicles' to include all-terrain vehicles, utility task vehicles, scooters, go-karts, and low-speed vehicles. It provides a mechanism for organizers to host events where new motor vehicle dealers and manufacturers can sell or display these vehicles at public venues, provided the event is expected to have a significant positive economic impact of at least $3 million. The Arkansas Motor Vehicle Commission is empowered to grant exemptions from existing relevant market area regulations and contiguous county dealer rules for these qualifying events. Additionally, the bill outlines criteria for 'established and ongoing' events to receive a presumption of significant economic impact and sets caps on temporary permit fees for out-of-state participants.