Bill > H205

This bill amends Chapter 140 of the General Laws to require individuals purchasing a vehicle with an out-of-state title at an auto auction to pay a $50 fee. This fee will be collected by the auctioneer and then remitted monthly to the Department of Professional Licensure, which is a state agency responsible for licensing and regulating various professions and businesses. The bill clarifies that this requirement applies to individuals engaged in the business of conducting motor vehicle auctions, as well as those who lease or rent vehicles and subsequently sell them to the public. The bill also removes the existing Section 57 and replaces it with this new provision, while maintaining existing licensing requirements for those in the business of buying, selling, or assembling used motor vehicles.