Bill > SB1056

This bill modifies provisions relating to the sale of motor vehicles and vessels by comprehensively updating and reorganizing the existing laws governing motor vehicle dealers, auctions, and related business practices. The bill creates a new Missouri Motor Vehicle Board within the department of commerce and insurance, replacing the current system managed by the department of revenue. The new board will be responsible for licensing manufacturers, motor vehicle dealers, boat dealers, wholesale motor vehicle auctions, public motor vehicle auctions, and wholesale motor vehicle dealers. The board will consist of nine members appointed by the governor, including representatives from different types of dealerships and a public member. Key provisions include establishing new licensing requirements, defining different classes of dealers, creating more stringent advertising standards, setting rules for off-site sales and vehicle shows, and implementing more robust oversight mechanisms. The bill also provides detailed regulations for dealer licensing, dealer plates, sales practices, and administrative procedures, with the goal of ensuring more transparent and ethical practices in motor vehicle sales. The changes aim to modernize the regulatory framework, protect consumers, and provide clearer guidelines for motor vehicle dealers and related businesses in Missouri.

Transportation and Infrastructure

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=331