Honorable Joe Straus, Speaker of the House, House of Representatives
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB2690 by Elkins (Relating to the sale of a vehicle by an unlicensed seller; creating an offense.), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 503 of the Transportation Code to authorize a peace officer to have a vehicle that is for sale by a dealer that does not have a "Dealer General Distinguishing Number" towed from the location and stored at a vehicle storage facility if certain conditions are met. A peace officer, an appropriate local government employee, or an investigator would be required to comply with specified notice requirements. A peace officer would be allowed to prevent a person from removing a vehicle unless that individual provides evidence of ownership.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.