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78R5275 T

By:  McCall                                                       H.B. No. 1076



A BILL TO BE ENTITLED

AN ACT

relating to the ownership of a motor vehicle dealership.                      
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Article 2301.476, Occupations Code, is amended 
by adding Subsection (h) to read as follows:
	(h)  A manufacturer may own an interest in a dealer which is a 
person or entity engaged in the business of renting passenger and 
commercial motor vehicles, as well as activities incidental to the 
rental business, if the motor vehicles sold by the person or entity 
are limited to:
		(1)  Motor vehicles that have been used exclusively and 
regularly by the person or entity in the conduct of its rental 
business; and
		(2)  Used motor vehicles traded in on motor vehicles 
sold by the person or entity.
	SECTION 2.  This Act takes effect immediately if it receives 
a vote of two-thirds of all the members elected to each house, as 
provided by Section 39, Article III, Texas Constitution.  If this 
Act does not receive the vote necessary for immediate effect, this 
Act takes effect June 1, 2003.
	SECTION 3.  The importance of this legislation and the 
crowded condition of the calendars in both houses create an 
emergency and an imperative public necessity that the 
constitutional rule requiring bills to be read on three several 
days in each house be suspended, and this rule is hereby suspended.