4 | 6 | | AN ACT |
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5 | 7 | | relating to off-site sales by a dealer for antique or special |
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6 | 8 | | interest vehicles that have been subject to a retail sale. |
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7 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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8 | 10 | | SECTION 1. Section 503.024(c), Transportation Code, is |
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9 | 11 | | amended to read as follows: |
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10 | 12 | | (c) For the purposes of Section 503.021, a domiciliary of |
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11 | 13 | | another state who holds a dealer license and bond, if applicable, |
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12 | 14 | | issued by the other state is not engaging in business as a dealer |
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13 | 15 | | by: |
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14 | 16 | | (1) buying a vehicle from, selling a vehicle to, or |
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15 | 17 | | exchanging a vehicle with a person who: |
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16 | 18 | | (A) [(1)] holds a general distinguishing number |
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17 | 19 | | issued by the department, if the transaction is not intended to |
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18 | 20 | | avoid a requirement of this chapter; or |
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19 | 21 | | (B) [(2)] is a domiciliary of another state who |
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20 | 22 | | holds a dealer license and bond, if applicable, issued by the other |
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21 | 23 | | state and the transaction is not intended to avoid a requirement of |
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22 | 24 | | this chapter; or |
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23 | 25 | | (2) buying, selling, including by consignment, or |
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24 | 26 | | exchanging at a public auction: |
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25 | 27 | | (A) an antique vehicle that is at least 25 years |
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26 | 28 | | of age; or |
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27 | 29 | | (B) a special interest vehicle that: |
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28 | 30 | | (i) is at least 12 years of age; or |
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29 | 31 | | (ii) has been the subject of a retail sale. |
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30 | 32 | | SECTION 2. This Act takes effect September 1, 2017. |
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31 | | - | ______________________________ ______________________________ |
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32 | | - | President of the Senate Speaker of the House |
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33 | | - | I hereby certify that S.B. No. 1952 passed the Senate on |
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34 | | - | May 4, 2017, by the following vote: Yeas 31, Nays 0. |
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35 | | - | ______________________________ |
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36 | | - | Secretary of the Senate |
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37 | | - | I hereby certify that S.B. No. 1952 passed the House on |
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38 | | - | May 19, 2017, by the following vote: Yeas 144, Nays 0, two |
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39 | | - | present not voting. |
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40 | | - | ______________________________ |
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41 | | - | Chief Clerk of the House |
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42 | | - | Approved: |
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43 | | - | ______________________________ |
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44 | | - | Date |
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45 | | - | ______________________________ |
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46 | | - | Governor |
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