| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. | |
| 4 | 4 | [Brackets] indicate matter deleted from existing law. | |
| 5 | - | Underlining indicates amendments to bill. | |
| 6 | - | Strike out indicates matter stricken from the bill by amendment or deleted from the law by | |
| 7 | - | amendment. | |
| 8 | 5 | *hb0425* | |
| 9 | 6 | ||
| 10 | 7 | HOUSE BILL 425 | |
| 11 | 8 | M1 5lr2326 | |
| 12 | 9 | CF SB 23 | |
| 13 | 10 | By: Delegates T. Morgan, Addison, Beauchamp, Davis, Hartman, Hutchinson, | |
| 14 | 11 | Jacobs, and Otto | |
| 15 | 12 | Introduced and read first time: January 16, 2025 | |
| 16 | 13 | Assigned to: Environment and Transportation | |
| 17 | - | Committee Report: Favorable | |
| 18 | - | House action: Adopted | |
| 19 | - | Read second time: February 22, 2025 | |
| 20 | 14 | ||
| 21 | - | ||
| 15 | + | A BILL ENTITLED | |
| 22 | 16 | ||
| 23 | 17 | AN ACT concerning 1 | |
| 24 | 18 | ||
| 25 | 19 | Natural Resources – State Boat Act – Auctioneers 2 | |
| 26 | 20 | ||
| 27 | 21 | FOR the purpose of exempting certain auctioneers from certain provisions of the State Boat 3 | |
| 28 | 22 | Act; and generally relating to the State Boat Act. 4 | |
| 29 | 23 | ||
| 30 | 24 | BY repealing and reenacting, without amendments, 5 | |
| 31 | 25 | Article – Natural Resources 6 | |
| 32 | 26 | Section 8–701(a) 7 | |
| 33 | 27 | Annotated Code of Maryland 8 | |
| 34 | 28 | (2023 Replacement Volume and 2024 Supplement) 9 | |
| 35 | 29 | ||
| 36 | 30 | BY repealing and reenacting, with amendments, 10 | |
| 37 | 31 | Article – Natural Resources 11 | |
| 38 | 32 | Section 8–701(c) 12 | |
| 39 | 33 | Annotated Code of Maryland 13 | |
| 40 | 34 | (2023 Replacement Volume and 2024 Supplement) 14 | |
| 41 | 35 | ||
| 42 | 36 | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 15 | |
| 43 | 37 | That the Laws of Maryland read as follows: 16 | |
| 44 | 38 | ||
| 45 | 39 | Article – Natural Resources 17 | |
| 46 | 40 | ||
| 47 | 41 | 8–701. 18 | |
| 42 | + | ||
| 43 | + | (a) In this subtitle the following words have the meanings indicated. 19 | |
| 44 | + | ||
| 45 | + | (c) (1) “Dealer” means any person who: 20 | |
| 48 | 46 | 2 HOUSE BILL 425 | |
| 49 | 47 | ||
| 50 | 48 | ||
| 51 | - | (a) In this subtitle the following words have the meanings indicated. 1 | |
| 49 | + | (i) Engages in whole or in part in the business of buying, selling, or 1 | |
| 50 | + | exchanging new and unused vessels or used vessels, or both, either outright or on 2 | |
| 51 | + | conditional sale, bailment, lease, chattel mortgage, or otherwise; and 3 | |
| 52 | 52 | ||
| 53 | - | (c) (1) “Dealer” means any person who: 2 | |
| 53 | + | (ii) Has an established place of business for sale, trade, and display 4 | |
| 54 | + | of vessels. 5 | |
| 54 | 55 | ||
| 55 | - | (i) Engages in whole or in part in the business of buying, selling, or 3 | |
| 56 | - | exchanging new and unused vessels or used vessels, or both, either outright or on 4 | |
| 57 | - | conditional sale, bailment, lease, chattel mortgage, or otherwise; and 5 | |
| 56 | + | (2) “Dealer” includes: 6 | |
| 58 | 57 | ||
| 59 | - | (ii) Has an established place of business for sale, trade, and display 6 | |
| 60 | - | of vessels. 7 | |
| 58 | + | (i) A yacht broker; and 7 | |
| 61 | 59 | ||
| 62 | - | (2) “Dealer” includes: 8 | |
| 60 | + | (ii) A holder of a lien created under Title 16, Subtitle 2 of the 8 | |
| 61 | + | Commercial Law Article who sells the vessel pursuant to that title, including [an 9 | |
| 62 | + | auctioneer and] a company commonly known as a lien and recovery company. 10 | |
| 63 | 63 | ||
| 64 | - | (i) A yacht broker; and 9 | |
| 64 | + | (3) “DEALER” DOES NOT INCLUDE A L ICENSED AUCTIONEER ACTIN G 11 | |
| 65 | + | ON BEHALF OF A SELLE R, SECURED PARTY , OR OWNER AND WHERE T ITLE DOES NOT 12 | |
| 66 | + | PASS TO THE AUCTIONE ER AND THE AUCTION I S NOT FOR THE PURPOS E OF 13 | |
| 67 | + | AVOIDING THE PROVISI ONS OF THIS TITLE. 14 | |
| 65 | 68 | ||
| 66 | - | (ii) A holder of a lien created under Title 16, Subtitle 2 of the 10 | |
| 67 | - | Commercial Law Article who sells the vessel pursuant to that title, including [an 11 | |
| 68 | - | auctioneer and] a company commonly known as a lien and recovery company. 12 | |
| 69 | + | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shal l take effect July 15 | |
| 70 | + | 1, 2025. 16 | |
| 69 | 71 | ||
| 70 | - | (3) “DEALER” DOES NOT INCLUDE A L ICENSED AUCTIONEER A CTING 13 | |
| 71 | - | ON BEHALF OF A SELLE R, SECURED PARTY , OR OWNER AND WHERE T ITLE DOES NOT 14 | |
| 72 | - | PASS TO THE AUCTIONE ER AND THE AUCTION I S NOT FOR THE PURPOS E OF 15 | |
| 73 | - | AVOIDING THE PROVISIONS OF TH IS TITLE. 16 | |
| 74 | - | ||
| 75 | - | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 17 | |
| 76 | - | 1, 2025. 18 | |
| 77 | - | ||
| 78 | - | ||
| 79 | - | ||
| 80 | - | ||
| 81 | - | Approved: | |
| 82 | - | ________________________________________________________________________________ | |
| 83 | - | Governor. | |
| 84 | - | ________________________________________________________________________________ | |
| 85 | - | Speaker of the House of Delegates. | |
| 86 | - | ________________________________________________________________________________ | |
| 87 | - | President of the Senate. |