Bill

Bill > A4770


NJ A4770

"Used Motor Vehicle Dealer Licensing Act." *


summary

Introduced
12/06/2018
In Committee
01/17/2019
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 Regular Session

Bill Summary

This bill provides for the licensure of used motor vehicle dealers and establishes an eight-member State Board of Used Motor Vehicle Dealers in the Division of Consumer Affairs in the Department of Law and Public Safety to oversee their licensure. The board is to consist of four licensed used motor vehicle dealers, three public members and a State executive department member. The bill provides for three types of licensure: retail used motor vehicle dealer, wholesale used motor vehicle dealer, and retail-wholesale used motor vehicle dealer. To be eligible for licensure as a used motor vehicle dealer an applicant must be at least 18 years old, be of good moral character, and fulfill the following requirements: (1) hold a valid New Jersey driver's license demonstrating proof of residency; (2) have an established place of business; and (3) undergo a criminal history record background check. The bill provides that no person may engage in business as a used motor vehicle dealer in this State unless that person holds a valid license. As defined in the bill, "used motor vehicle" means every motor vehicle and motorized bicycle, except a nonconventional type motor vehicle, title to, or possession of, which has been transferred from the person who first acquired it from the manufacturer or dealer, and so used as to become what is commonly known as "secondhand" within the ordinary meaning of that term, and includes every motor vehicle and motorized bicycle other than a new motor vehicle, a nonconventional type motor vehicle or a manufactured home subject to real property taxation. The bill also amends several statutes relating to the licensure of motor vehicle dealers by the New Jersey Motor Vehicle Commission (MVC), currently the regulatory authority that licenses used motor vehicle dealers in the State. In amending these statutes, the bill clarifies that the MVC will no longer license used motor vehicle dealers on or after the bill's date of enactment.

AI Summary

This bill provides for the licensure of used motor vehicle dealers and establishes a State Board of Used Motor Vehicle Dealers within the Division of Consumer Affairs to oversee their licensure. The bill requires persons engaged in the business of selling, buying, or dealing in used motor vehicles to be licensed, and sets forth eligibility requirements for such licensure, including being at least 18 years old, of good moral character, holding a valid New Jersey driver's license, having an established place of business, and undergoing a criminal history background check. The bill grants the board various powers and duties, such as reviewing license applications, adopting a code of ethics, issuing and renewing licenses, and inspecting and auditing licensed dealers. The bill also amends several existing statutes to clarify that the New Jersey Motor Vehicle Commission will no longer license used motor vehicle dealers upon the effective date of this bill.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (1)

Last Action

Reported out of Asm. Comm. with Amendments, and Referred to Assembly Appropriations Committee (on 01/17/2019)

bill text


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