1 | 1 | | By: Keough H.B. No. 385 |
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2 | 2 | | |
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3 | 3 | | |
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4 | 4 | | A BILL TO BE ENTITLED |
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5 | 5 | | AN ACT |
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6 | 6 | | Re |
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7 | 7 | | lating to the requirement for a dealer general distinguishing |
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8 | 8 | | number for private sales of an automobile. |
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9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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10 | 10 | | SECTION 1. Section 503.024, Transportation Code, is amended |
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11 | 11 | | to read as follows: |
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12 | 12 | | EXCLUSIONS FOR DEALER. (a) A person is not required to |
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13 | 13 | | obtain a dealer general distinguishing number if the person: |
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14 | 14 | | (1) sells or offers to sell during a calendar year |
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15 | 15 | | fewer than twelve [five] vehicles of the same type that are owned |
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16 | 16 | | and registered in that person's name; or |
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17 | 17 | | (2) is a federal, state, or local governmental agency. |
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18 | 18 | | (b) For the purposes of Section 503.021, a person is not |
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19 | 19 | | engaging in business as a dealer by: |
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20 | 20 | | (1) selling or offering to sell a vehicle the person |
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21 | 21 | | acquired for personal or business use to a person other than a |
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22 | 22 | | retail buyer if the sale or offer is not made to avoid a requirement |
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23 | 23 | | of this chapter; |
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24 | 24 | | (2) selling, in a manner provided by law for the forced |
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25 | 25 | | sale of vehicles, a vehicle in which the person holds a security |
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26 | 26 | | interest; |
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27 | 27 | | (3) acting under a court order as a receiver, trustee, |
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28 | 28 | | administrator, executor, guardian, or other appointed person; |
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29 | 29 | | (4) selling a vehicle the person acquired from the |
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30 | 30 | | vehicle's owner as a result of paying an insurance claim if the |
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31 | 31 | | person is an insurance company; |
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32 | 32 | | (5) selling an antique passenger car or truck that is |
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33 | 33 | | at least 25 years of age; or |
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34 | 34 | | (6) selling a special interest vehicle that is at |
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35 | 35 | | least 12 years of age if the person is a collector. |
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36 | 36 | | (c) For the purposes of Section 503.021, a domiciliary of |
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37 | 37 | | another state who holds a dealer license and bond, if applicable, |
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38 | 38 | | issued by the other state is not engaging in business as a dealer by |
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39 | 39 | | buying a vehicle from, selling a vehicle to, or exchanging a vehicle |
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40 | 40 | | with a person who: |
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41 | 41 | | (1) holds a general distinguishing number issued by |
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42 | 42 | | the department, if the transaction is not intended to avoid a |
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43 | 43 | | requirement of this chapter; or |
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44 | 44 | | (2) is a domiciliary of another state who holds a |
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45 | 45 | | dealer license and bond, if applicable, issued by the other state |
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46 | 46 | | and the transaction is not intended to avoid a requirement of this |
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47 | 47 | | chapter. |
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48 | 48 | | (d) For the purposes of Section 503.021, a licensed |
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49 | 49 | | auctioneer is not engaging in business as a dealer by, as a bid |
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50 | 50 | | caller, selling or offering to sell property to the highest bidder |
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51 | 51 | | at a bona fide auction if: |
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52 | 52 | | (1) legal or equitable title does not pass to the |
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53 | 53 | | auctioneer; |
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54 | 54 | | (2) the auction is not held to avoid a requirement of |
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55 | 55 | | this chapter; and |
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56 | 56 | | (3) for an auction of vehicles owned legally or |
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57 | 57 | | equitably by a person who holds a general distinguishing number, |
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58 | 58 | | the auction is conducted at the location for which the general |
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59 | 59 | | distinguishing number was issued. |
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60 | 60 | | (e) In this section, "special interest vehicle" has the |
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61 | 61 | | meaning assigned by Section 683.077(b). |
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62 | 62 | | SECTION 2. This Act takes effect immediately if it receives |
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63 | 63 | | a vote of two-thirds of all the members elected to each house, as |
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64 | 64 | | provided by Section 39, Article III, Texas Constitution. If this |
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65 | 65 | | Act does not receive the vote necessary for immediate effect, this |
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66 | 66 | | Act takes effect September 1, 2015. |
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