| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | General Assembly Proposed Bill No. 6212 | |
| 2 | 2 | January Session, 2011 LCO No. 1802 | |
| 3 | 3 | Referred to Committee on Transportation | |
| 4 | 4 | Introduced by: | |
| 5 | 5 | REP. REED, 102nd Dist. REP. BERGER, 73rd Dist. | |
| 6 | 6 | ||
| 7 | 7 | General Assembly | |
| 8 | 8 | ||
| 9 | 9 | Proposed Bill No. 6212 | |
| 10 | 10 | ||
| 11 | 11 | January Session, 2011 | |
| 12 | 12 | ||
| 13 | 13 | LCO No. 1802 | |
| 14 | 14 | ||
| 15 | 15 | Referred to Committee on Transportation | |
| 16 | 16 | ||
| 17 | 17 | Introduced by: | |
| 18 | 18 | ||
| 19 | 19 | REP. REED, 102nd Dist. | |
| 20 | 20 | ||
| 21 | 21 | REP. BERGER, 73rd Dist. | |
| 22 | 22 | ||
| 23 | 23 | AN ACT REDUCING THE AMOUNT OF THE SURETY BOND FURNISHED BY APPLICANTS FOR A NEW OR USED CAR DEALER'S LICENSE. | |
| 24 | 24 | ||
| 25 | 25 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
| 26 | 26 | ||
| 27 | 27 | That subdivision (2) of subsection (b) of section 14-52 of the general statutes be amended to reduce the surety bond that applicants for a new car dealer's or a used car dealer's license are required to furnish from fifty thousand dollars to twenty thousand dollars. | |
| 28 | 28 | ||
| 29 | 29 | Statement of Purpose: | |
| 30 | 30 | ||
| 31 | 31 | To repeal the increase in the amount of the surety bond made by public act 10-110. The increase adds approximately five hundred dollars to the amount of the yearly payment and is a major hardship for the little guys who mostly repair cars and occasionally sell one. |