AUTHOR'S / SPONSOR'S STATEMENT OF INTENT

 

Interested parties report that the date of the month on which a car is purchased can impact registration renewal periods. A dealership in Texas currently has up to 30 days to submit the car purchase information to the county tax assessor-collector, and the submission date in practice becomes the date of sale, rather than the actual date of purchase.  For example, a vehicle purchased on May 1 is likely to have a registration sticker date of May, while a vehicle purchased on May 15 could possibly have a registration sticker date of June.  Interested parties note an inconsistency in the date of vehicle registration renewal as a result of this system.  C.S.H.B. 2874 aligns the date for the vehicle registration year with the date of sale of the vehicle.

 

C.S.H.B. 2874 amends current law relating to the designation by the Texas Department of Motor Vehicles of the registration year for certain vehicles sold by a dealer.

 

RULEMAKING AUTHORITY

 

This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.

 

SECTION BY SECTION ANALYSIS

 

SECTION 1. Amends Section 502.044, Transportation Code, by adding Subsection (e), to require the Texas Department of Motor Vehicles to use the date of sale of the vehicle in designating the registration year for a vehicle for which registration is applied for under Section 501.0234 (Duty of Vehicle Dealer on Sale of Certain Vehicles).

 

SECTION 2. Provides that Section 502.044(e), Transportation Code, as added by this Act, applies only to a vehicle registered on or after the effective date of this Act.

 

SECTION 3. Effective date: September 1, 2013.