Louisiana House Bill HB596

Louisiana 2012 Regular Session

• Introduced: 3/12/12
• Refer: 3/12/12
• Report Pass: 3/27/12
• Engrossed: 4/4/12
• Refer: 4/9/12
• Report Pass: 5/2/12
• Enrolled: 6/4/12
• Chaptered: 6/12/12
• Passed: 6/12/12

Caption

Creates the Towed and Stored Vessel Act

Impact

The Towed and Stored Vessel Act modifies existing statutes to create a structured approach for the management of towed vessels, which could reduce potential conflicts between vessel owners and storage facilities. By instituting defined notification procedures and establishing a clear process for the sale of unclaimed vessels, the bill seeks to reduce disputes and enhance compliance among storage operators. The changes in law will result in the regulation of relationships between marinas, towing companies, and vessel owners, affecting how towing and storage practices are conducted throughout the state.

Summary

House Bill 596 introduces the Towed and Stored Vessel Act, establishing a legal framework for the handling of towed vessels stored at licensed facilities in Louisiana. The bill outlines the responsibilities of storage facility owners, including notification requirements and processes for selling vessels that have not been claimed by their owners. This legislation is intended to streamline the enforcement of liens on towed vessels, ensuring that storage operators can recoup towing and storage costs while providing clear procedures for owners and lienholders regarding their rights and obligations.

Sentiment

The sentiment around HB 596 appears largely positive, with proponents emphasizing the need for clarity and fairness in handling towed vessels. Stakeholders in the marina and towing industries may welcome the regulations as they provide an essential process that protects their vested interests in a manner that is understandable to all parties involved. However, concerns may linger among vessel owners regarding the balance of power between their rights and the privileges granted to storage facilities.

Contention

While HB 596 aims to standardize the treatment of towed vessels, there may be points of contention regarding the adequacy of protection for vessel owners. Ensuring proper notification is emphasized, but concerns could arise over the threshold for varying notice methods and the perceived adequacy of time given to respond before a vessel is sold at auction. Debates may also center on whether the regulations favor storage facilities excessively and how they may impact consumers with limited financial capacities who may struggle to reclaim their vessels.