Bill > SB1433

This bill makes several changes to regulations for used motor vehicle dealers in Arizona. The bill requires new and renewed used motor vehicle dealer license applicants to submit a form acknowledging the definition of "curbstoning" (illegal vehicle sales without proper licensure) and the potential penalties for unlicensed dealing. Additionally, applicants must now complete a mandatory six-hour education course administered by a dealer-specific association that has been established in the state for at least five years, which covers federal, state, and local regulations about motor vehicle sales, including consumer protections, financing laws, tax requirements, and licensing standards. The bill also modifies the Motor Vehicle Dealer Enforcement Fund, specifying that funds exceeding $250,000 at the end of each fiscal year will be deposited in the state highway fund, and establishing that the fund will be used for investigating unlicensed dealers and expanding enforcement of licensing requirements. As part of this effort, the bill includes a supplemental appropriation of $250,000 to the Department of Transportation for investigation activities related to unlicensed used motor vehicle dealers. The bill is designated as an emergency measure, making it immediately operative to preserve public safety.

Budget and Finance, Military Affairs and Security

https://apps.azleg.gov/BillStatus/BillOverview/82846