Texas 2025 - 89th Regular

Texas Senate Bill SB1029 Compare Versions

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11 By: Nichols S.B. No. 1029
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2+ (In the Senate - Filed January 31, 2025; February 24, 2025,
3+ read first time and referred to Committee on Business & Commerce;
4+ March 26, 2025, reported favorably by the following vote: Yeas 10,
5+ Nays 1; March 26, 2025, sent to printer.)
6+Click here to see the committee vote
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69 A BILL TO BE ENTITLED
710 AN ACT
811 relating to the advertising of certain used motor vehicles.
912 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1013 SECTION 1. Subchapter H, Chapter 2301, Occupations Code, is
1114 amended by adding Section 2301.364 to read as follows:
1215 Sec. 2301.364. ADVERTISING BY DEALERS OF CERTAIN USED MOTOR
1316 VEHICLES. Notwithstanding any other law, a dealer may advertise
1417 for sale a specific used motor vehicle that is not in the possession
1518 of the dealer at the time the advertisement is placed if the
1619 advertisement:
1720 (1) clearly and conspicuously discloses that the
1821 vehicle is not in the possession of the dealer;
1922 (2) states that the motor vehicle may be obtained
2023 within a reasonable time from the manufacturer, the distributor, or
2124 a manufacturer- or distributor-affiliated financial institution;
2225 and
2326 (3) includes the vehicle identification number of the
2427 specific motor vehicle, if the price of the vehicle is advertised.
2528 SECTION 2. This Act takes effect September 1, 2025.
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