Title 10, Chapter 1, Section 789
(a) Effective July 1, 1990, a fee of $3.00 shall be collected by the
new motor vehicle dealer from the consumer at completion of a sale
or a lease of each new motor vehicle. The fee shall be forwarded
quarterly to the Office of Planning and Budget for deposit in the
new motor vehicle arbitration account created in the state treasury.
The first quarterly payments are due and payable on October 1, 1990,
and shall be mailed by the dealer not later than October 10;
thereafter, all payments are due and payable the first of the month
in each quarter and shall be mailed by the dealer not later than the
tenth day of such month. Moneys in the account shall be used for
the purposes of this article, subject to appropriation. Funds in the
new motor vehicle arbitration account shall be transferred to the
general treasury at the end of each fiscal year. One dollar of each
fee collected shall be retained by the dealer to cover
(b) At the end of each fiscal year, the administrator shall prepare
a report listing the annual revenue generated and the expenses
incurred in implementing and operating the arbitration program under
this chapter. The Office of Planning and Budget shall provide the
administrator with the figures regarding revenue generated.
(c) It is the intent of the General Assembly that any consumer who, on or after July 1, 1990, but prior to January 1, 1991, pays or should have paid the fee designated in this Code section shall be entitled to utilize the remedies provided in Code Sections 10-1-786, 10-1-787, and 10-1-788 in addition to any other remedies which exist in law or in equity regarding defective automobiles, notwithstanding the effective dates of this article or the effective dates of any provisions of this article.