(a)

1. (1) The rim removal fees shall be collected from the purchaser by the tire retailer and remitted to the Secretary of the Department of Finance and Administration.
2. (2) However, the tire retailer may retain five percent (5%) of the rim removal fee imposed under this subpart for administrative costs.

(b)

1. (1) Each tire retailer shall file a return with the secretary on or before the twentieth of each month.
2. (2) The return shall show the total rim removal fees collected for each new tire and used tire removed from the rim during the preceding calendar month.
3. (3) The tire retailer shall remit the rim removal fees with the return.
4. (4) The secretary shall prescribe the form and contents of the return.

(c)

1. (1) Each tire retailer is subject to:

   1. (A) The Arkansas Tax Procedure Act, Arkansas Code § 26-18-101 et seq.;
   2. (B) The business closure procedures under Arkansas Code § 26-18-1001 et seq.; and
   3. (C) Any rules promulgated by the Department of Finance and Administration.

2. (2) A tire retailer that is not registered with the department as required under this subpart is subject to:

   1. (A) The Arkansas Tax Procedure Act, Arkansas Code § 26-18-101 et seq.;
   2. (B) The business closure procedures under Arkansas Code § 26-18-1001 et seq.; and
   3. (C) Any rules promulgated by the department if the tire retailer is required by law to collect the rim removal fee imposed under this subpart.