Motor Vehicle Commission - Sales Finance

Name Motor Vehicle Commission - Sales Finance
Contact Person Lessie House - Executive Director
Mailing Address % Motor Vehicles Commission, Louisiana
3519 12th Street
Metaire, LA 70002-3427
Phone Number 504-838-5207
Fax Number 504-838-5416
Board Email lessiehouse@lmvc.la.gov
Website www.lmvc.la.gov
Legal Authority LSA-R.S. 6:969 et. seq.
Year Created 1958
Organizational Placement Under the Office of the Governor pursuant to LSA-R.S. 36:4.1
Purpose/Function The Commission licenses and regulates companies financing motor vehicles and GAP administrators and their agents (who sell debt waiver agreements to citizens of Louisiana) and to prevent fraud, impositions and other abuses upon the citizens of Louisiana.
Budget Message The Louisiana Motor Vehicle Commission adminsters the Motor Vehicle Sales Finance Act. Therefore, please refer to the Louisiana Motor Vehicle Commission for information on its Members, Employees, and Budget.
Number of Entity Members: Number Authorized: 15
Number Currently Serving: 15
Number of Entity Meetings: Actual number in prior year: 0
Estimated number in current year: 0
The Entity is:
Active   Inactive   Not fully organized   Disbanded   Never fully organized
Do members receive per diem, salaries, and/or travel expense reimbursements?
Yes   No
Excluding member per diem, salaries, and travel expense reimbursements, does the entity receive or expend funds?
Yes   No
Entity Member Per Diem:
  Amount Authorized: $50      per meeting   per meeting day   per day spent on board business   None

Total entity member per diem:
  Prior year actual: $0
  Current year budgeted: $0
Entity Member Salaries:
  Prior year actual: $0
  Current year budgeted: $0
Entity Member Travel Expense Reimbursement:
  Prior year actual: $0
  Current year budgeted: $0
Number and Type of Authorized Employee Positions:
Classified: 15
Unclassified: 2
Part-time: 0
Entity Fiscal Year End:
4/30         7/31         10/31         Other (identify date)
6/30         9/30         12/31         None
Participation in State Employee Benefit Programs:
    Employees:
       participate in state retirement system(s) and/or state group insurance program(s)
       do not participate in state benefit programs

    Members:
       participate in state retirement system(s) and/or state group insurance program(s)
       do not participate in state benefit programs
Notes Sales Finance Division is operated under the budget submitted by the Louisiana Motor Vehicle Commission every year. There is no seperate accounting system/book for Sales Finance Division.
LaTrac was developed by the Louisiana Division of Administration, Office of Information Services.