H.B. No. 1350
relating to the definition of a salvage motor vehicle.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 501.091(15), Transportation Code, is
amended to read as follows:
(15) "Salvage motor vehicle":
(A) means a motor vehicle that:
(i) has damage to or is [
damaged] missing a
major component part to the extent that the cost of repairs,
including parts and labor other than the cost of materials and labor
for repainting the motor vehicle and excluding sales tax on the
total cost of repairs, [ repair] exceeds the actual cash value of the
motor vehicle immediately before the damage; or
(ii) is damaged and that comes into this
state under an out-of-state salvage motor vehicle certificate of
title or similar out-of-state ownership document that states on its
face "accident damage," "flood damage," "inoperable,"
"rebuildable," "salvageable," or similar notation; and
(B) does not include an out-of-state motor
vehicle with a "rebuilt," "prior salvage," "salvaged," or similar
notation, a nonrepairable motor vehicle, or a motor vehicle for
which an insurance company has paid a claim for:
(i) the cost of repairing hail damage; or
(ii) theft, unless the motor vehicle was
damaged during the theft and before recovery to the extent
described by Paragraph (A)(i).
SECTION 2. This Act takes effect September 1, 2005.
President of the Senate Speaker of the House
I certify that H.B. No. 1350 was passed by the House on April
7, 2005, by a non-record vote.
Chief Clerk of the House
I certify that H.B. No. 1350 was passed by the Senate on May
19, 2005, by the following vote: Yeas 31, Nays 0.
Secretary of the Senate