Bill > AB2269

This bill amends existing California law regarding vehicle lien sales, which are procedures for selling a vehicle to recover unpaid debts like towing or repair costs. Specifically, it increases the monetary threshold for determining which lien sale procedure applies from $4,000 to $7,000, meaning vehicles valued up to $7,000 will now follow the less complex procedure. Furthermore, starting in 2030 and every three years thereafter, the Director of Motor Vehicles will adjust this $7,000 threshold to account for inflation, ensuring the value remains relevant over time. The bill also makes minor technical adjustments to the wording within these sections of the Civil Code.

Transportation and Infrastructure

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB2269