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AN ACT
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relating to the regulation of salvage vehicle dealers. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 2302, Occupations Code, is |
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amended by adding Section 2302.009 to read as follows: |
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Sec. 2302.009. APPLICABILITY OF CHAPTER TO CERTAIN GENERAL |
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DISTINGUISHING NUMBER HOLDERS. This chapter applies to the holder |
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of an independent motor vehicle dealer's general distinguishing |
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number issued under Chapter 503, Transportation Code, in the same |
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manner as this chapter applies to a salvage vehicle dealer if the |
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holder of the general distinguishing number: |
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(1) acts as a salvage vehicle dealer or rebuilder; or |
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(2) stores or displays a motor vehicle as an agent or |
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escrow agent of an insurance company. |
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SECTION 2. Section 2302.101, Occupations Code, is amended |
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to read as follows: |
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Sec. 2302.101. LICENSE OR DEALER'S GENERAL DISTINGUISHING |
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NUMBER REQUIRED [FOR SALVAGE VEHICLE DEALER]. Unless a person |
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holds a salvage vehicle dealer license issued under this chapter or |
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an independent motor vehicle dealer's general distinguishing |
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number issued under Chapter 503, Transportation Code, the person |
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may not: |
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(1) act as a salvage vehicle dealer or rebuilder; or |
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(2) store or display a motor vehicle as an agent or |
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escrow agent of an insurance company. |
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SECTION 3. This Act takes effect September 1, 2019. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 1667 was passed by the House on April |
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25, 2019, by the following vote: Yeas 135, Nays 1, 1 present, not |
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voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 1667 was passed by the Senate on May |
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15, 2019, by the following vote: Yeas 31, Nays 0. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: _____________________ |
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Date |
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_____________________ |
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Governor |