(a) A county assessor-collector shall retain an amount determined by the board under § 502.1911 for each receipt issued under Chapter 502.
(a-1) A county assessor-collector collecting fees on behalf of another county assessor-collector for purposes of § 501.023, 501.0234, 501.030, 502.0023, 502.040, or 502.041 shall collect all taxes, fees, and other revenue based on the vehicle owner’s county of residence. The vehicle owner’s county of residence shall be the recipient of all taxes, fees, and other revenue collected as a result of the transaction, except that the county processing the application may retain the portion of the title application fee under § 501.138 and the processing and handling fee under § 502.1911 that the tax assessor-collector is authorized to retain.

(b) A county assessor-collector who is compensated under this section for processing a transaction shall pay the entire expense of issuing registration receipts and license plates under Chapter 501 or 502 from the compensation allowed under this section.