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2023 SESSION

• | print version

SB 864 Motor vehicle dealers; businesses without a physical presence in the Commonwealth selling vehicles.

Introduced by: John A. Cosgrove, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Motor vehicle dealers; businesses without a physical presence in the Commonwealth selling vehicles in the Commonwealth; vehicle title. Creates a presumption that any business entity that does not maintain a physical presence in the Commonwealth and offers to sell or sells five or more motor vehicles within any 12 consecutive months, for which the delivery of such sold motor vehicle or place of such sale is in the Commonwealth, is a motor vehicle dealer and provides that such presumption may be rebutted by a preponderance of the evidence. The bill adds to the grounds for denying, suspending, or revoking licenses or certificates of dealer registration or qualification the failure to transfer the valid vehicle title of the sold motor vehicle to the buyer at the time of such sale.

FULL TEXT

• 01/02/23  Senate: Prefiled and ordered printed; offered 01/11/23 23102762D  pdf | impact statement

HISTORY

• 01/02/23  Senate: Prefiled and ordered printed; offered 01/11/23 23102762D
• 01/02/23  Senate: Referred to Committee on Transportation
• 01/19/23  Senate: Passed by indefinitely in Transportation (14-Y 0-N)