89R16276 AND-F
By: Canales H.B. No. 4916
A BILL TO BE ENTITLED
AN ACT
relating to the assignment of a motor vehicle title by a dealer.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 501.071, Transportation Code, is amended
by adding Subsection (c) to read as follows:
(c) A dealer issued a title in the dealer's name by this
state or another jurisdiction is not required to make assignment to
the dealer before any subsequent sale, provided that the dealer's
name on the title matches the name on the license issued to the
dealer under Chapter 503.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2025.