Bill

Bill > SB240


CO SB240

CO SB240
Sunset Motor Vehicle Dealers Sales


summary

Introduced
03/16/2017
In Committee
05/08/2017
Crossed Over
04/17/2017
Passed
05/19/2017
Dead
Signed/Enacted/Adopted
06/06/2017

Introduced Session

2017 Regular Session

Bill Summary

Concerning the continuation of the regulation of persons who sell vehicles in the ordinary course of business, and, in connection therewith, implementing the recommendations of the sunset report of the department of regulatory agencies and making an appropriation.

AI Summary

This bill implements the recommendations of the sunset report of the department of regulatory agencies to continue the regulation of persons who sell vehicles in the ordinary course of business. The key provisions of the bill are: - It continues the regulation of motor vehicle and powersports vehicle sales by the Motor Vehicle Dealer Board and the Director of the Auto Industry Division under the Department of Revenue until September 1, 2027. - It creates the Auto Industry Division within the Department of Revenue to oversee the regulation of motor vehicle and powersports vehicle sales. - It requires applicants for licenses under this law to submit fingerprints for a criminal history record check. - It adds provisions related to the transfer of ownership interests in licensed business entities. - It makes various other changes to the laws governing the regulation of motor vehicle and powersports vehicle sales and dealers.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (3)

Last Action

Governor Signed (on 06/06/2017)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...