LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 6399 NOTE PREPARED: Apr 22, 2025
BILL NUMBER: SB 73 BILL AMENDED: Apr 22, 2025
SUBJECT: Sale of Utility Trailers.
FIRST AUTHOR: Sen. Dernulc BILL STATUS: Enrolled
FIRST SPONSOR: Rep. Pressel
FUNDS AFFECTED:XGENERAL IMPACT: State & Local
XDEDICATED
FEDERAL
Summary of Legislation: This bill amends the definition of "motor vehicle" for purposes of dealer services
provisions governing unfair practices and the succession to franchise by designated family members. It
amends the definition of "trailer" for certain instances. It also specifies that the requirement that a dealer have
an established place of business does not apply to a dealer selling trailers, unless the dealer is required to be
licensed for any other purpose. The bill also provides that a dealer selling trailers does not have to file certain
information with the Secretary of State.
Effective Date: July 1, 2025.
Explanation of State Expenditures: Provisions affecting the sale of trailers could decrease the workload
of the Secretary of State (SOS) to investigate allegations of unfair practices made against trailer dealers.
Explanation of State Revenues: The bill removes trailers from the definition of “motor vehicle” for
purposes of unfair practices, succession to franchise by designated family members, and maintaining an
established place of business. Violations of these regulations is currently punishable as a Class A infraction
but also could include civil penalties as ordered by the Secretary of State. These changes could decrease state
revenue from unfair practice violations.
Additional Information - Unfair practices are potentially punishable with (1) a Class A infraction, that carries
a maximum judgment of $10,000 benefitting the General Fund and (2) a maximum $10,000 civil penalty,
deposited in the SOS Dealer Enforcement Account.
Explanation of Local Expenditures:
Explanation of Local Revenues: If a reduction in court actions occur, local governments would receive less
revenue from court fees. However, any reduction in revenue is likely to be small.
State Agencies Affected: SOS.
SB 73 1 Local Agencies Affected: Trial courts, local law enforcement agencies.
Information Sources:
Fiscal Analyst: Bill Brumbach, 317-232-9559.
SB 73 2