Bill Number: H.B. 2331
Worsley
Floor Amendment
Reference
to: House engrossed bill
Amendment
drafted by: Kaitlyn Neff
FLOOR
AMENDMENT EXPLANATION
1. Specifies
that compensation paid by a motor vehicle manufacturer to the new motor vehicle
dealer authorized to sell used motor vehicles of the same line-make only
applies when the affected used motor vehicle was in the dealer's inventory at
the time of the stop-sale or do not drive notification, if the vehicle was
taken in by the dealer as a trade-in during the purchase of a new vehicle, or
if the vehicle was a lease return vehicle.
2. Makes
technical and conforming changes.
Fifty-third Legislature Worsley
First
Regular Session H.B. 2331
WORSLEY FLOOR AMENDMENT
SENATE AMENDMENTS TO H.B. 2331
(Reference to House engrossed
bill)
Page 7, between lines 7 and 8, insert:
"aa. subsections u through y of this section apply only to
new motor vehicle dealers holding an affected used motor vehicle for sale that
was any of the following:
1. in
inventory at the time the stop-sale or do not drive notification was issued.
2. taken
in the used motor vehicle inventory of the new motor vehicle dealer as a
consumer trade-in incident to the purchase of a new motor vehicle from the new
motor vehicle dealer after the stop-sale or do not drive notification was
issued.
3. taken
in the used motor vehicle inventory of the new motor vehicle dealer as a lease
return vehicle returned to the new motor vehicle dealer."
Reletter to conform
Line 11,
strike "should" insert "shall"
Amend title to conform