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Bill > HB30


NM HB30

NM HB30
Limit Car Sale Locations & Sellers


summary

Introduced
01/18/2022
In Committee
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO MOTOR VEHICLES; LIMITING THE LOCATIONS WHERE A MOTOR VEHICLE MAY BE SOLD OR OFFERED FOR SALE; PROHIBITING THE SALE OF A MOTOR VEHICLE BY A NON-OWNER WHO IS NOT A MOTOR VEHICLE DEALER.

AI Summary

This bill limits the locations where a motor vehicle can be sold or offered for sale, and prohibits the sale of a motor vehicle by a non-owner who is not a motor vehicle dealer. The bill amends existing laws to specify that, unless a person is a licensed motor vehicle dealer, they can only sell up to four motor vehicles registered to them or another person in a calendar year, and must possess the title and have the vehicle registered in their name before attempting to sell a used motor vehicle. The bill also restricts licensed motor vehicle dealers from selling or offering vehicles for sale at locations other than their established place of business, with some exceptions for temporary off-site sales events.

Sponsors (1)

Last Action

Action Postponed Indefinitely (on 01/19/2022)

bill text


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