Bill > HB425

This bill modifies the Maryland State Boat Act by clarifying the definition of a "dealer" in boat sales, specifically exempting licensed auctioneers from being considered dealers under certain conditions. The bill removes language that previously included auctioneers as dealers and adds a new provision that excludes a licensed auctioneer from the dealer definition when they are acting on behalf of a seller, secured party, or owner, the title does not pass to the auctioneer, and the auction is not conducted to circumvent the provisions of the boat sales regulations. This means that licensed auctioneers who are temporarily selling a vessel for another party and not taking permanent ownership will not be subject to the same regulatory requirements as traditional boat dealers. The bill is set to take effect on July 1, 2025, and provides a clear distinction in the legal treatment of auctioneers in boat sales transactions.

Education, Transportation and Infrastructure

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0425?ys=2025RS