Bill Text: TX SB1952 | 2017-2018 | 85th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to off-site sales by a dealer for antique or special interest vehicles that have been subject to a retail sale.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2017-06-15 - Effective on 9/1/17 [SB1952 Detail]
Download: Texas-2017-SB1952-Comm_Sub.html
Bill Title: Relating to off-site sales by a dealer for antique or special interest vehicles that have been subject to a retail sale.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2017-06-15 - Effective on 9/1/17 [SB1952 Detail]
Download: Texas-2017-SB1952-Comm_Sub.html
By: Hughes | S.B. No. 1952 | |
(Pickett, Allen) | ||
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relating to off-site sales by a dealer for antique or special | ||
interest vehicles that have been subject to a retail sale. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 503.024(c), Transportation Code, is | ||
amended to read as follows: | ||
(c) For the purposes of Section 503.021, a domiciliary of | ||
another state who holds a dealer license and bond, if applicable, | ||
issued by the other state is not engaging in business as a dealer | ||
by: | ||
(1) buying a vehicle from, selling a vehicle to, or | ||
exchanging a vehicle with a person who: | ||
(A) [ |
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issued by the department, if the transaction is not intended to | ||
avoid a requirement of this chapter; or | ||
(B) [ |
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holds a dealer license and bond, if applicable, issued by the other | ||
state and the transaction is not intended to avoid a requirement of | ||
this chapter; or | ||
(2) buying, selling, including by consignment, or | ||
exchanging at a public auction: | ||
(A) an antique vehicle that is at least 25 years | ||
of age; or | ||
(B) a special interest vehicle that: | ||
(i) is at least 12 years of age; or | ||
(ii) has been the subject of a retail sale. | ||
SECTION 2. This Act takes effect September 1, 2017. |