EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
[Brackets] indicate matter deleted from existing law.
Underlining indicates amendments to bill.
Strike out indicates matter stricken from the bill by amendment or deleted from the law by
amendment.
*hb0425*
HOUSE BILL 425
M1 5lr2326
CF SB 23
By: Delegates T. Morgan, Addison, Beauchamp, Davis, Hartman, Hutchinson,
Jacobs, and Otto
Introduced and read first time: January 16, 2025
Assigned to: Environment and Transportation
Committee Report: Favorable
House action: Adopted
Read second time: February 22, 2025
CHAPTER ______
AN ACT concerning 1
Natural Resources – State Boat Act – Auctioneers 2
FOR the purpose of exempting certain auctioneers from certain provisions of the State Boat 3
Act; and generally relating to the State Boat Act. 4
BY repealing and reenacting, without amendments, 5
Article – Natural Resources 6
Section 8–701(a) 7
Annotated Code of Maryland 8
(2023 Replacement Volume and 2024 Supplement) 9
BY repealing and reenacting, with amendments, 10
Article – Natural Resources 11
Section 8–701(c) 12
Annotated Code of Maryland 13
(2023 Replacement Volume and 2024 Supplement) 14
SECTION 1. BE IT ENACTED BY THE GEN ERAL ASSEMBLY OF MARYLAND, 15
That the Laws of Maryland read as follows: 16
Article – Natural Resources 17
8–701. 18
2 HOUSE BILL 425
(a) In this subtitle the following words have the meanings indicated. 1
(c) (1) “Dealer” means any person who: 2
(i) Engages in whole or in part in the business of buying, selling, or 3
exchanging new and unused vessels or used vessels, or both, either outright or on 4
conditional sale, bailment, lease, chattel mortgage, or otherwise; and 5
(ii) Has an established place of business for sale, trade, and display 6
of vessels. 7
(2) “Dealer” includes: 8
(i) A yacht broker; and 9
(ii) A holder of a lien created under Title 16, Subtitle 2 of the 10
Commercial Law Article who sells the vessel pursuant to that title, including [an 11
auctioneer and] a company commonly known as a lien and recovery company. 12
(3) “DEALER” DOES NOT INCLUDE A L ICENSED AUCTIONEER A CTING 13
ON BEHALF OF A SELLE R, SECURED PARTY , OR OWNER AND WHERE T ITLE DOES NOT 14
PASS TO THE AUCTIONE ER AND THE AUCTION I S NOT FOR THE PURPOS E OF 15
AVOIDING THE PROVISIONS OF TH IS TITLE. 16
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 17
1, 2025. 18
Approved:
________________________________________________________________________________
Governor.
________________________________________________________________________________
Speaker of the House of Delegates.
________________________________________________________________________________
President of the Senate.