By: Nichols  S.B. No. 1344
         (In the Senate - Filed March 1, 2023; March 16, 2023, read
  first time and referred to Committee on Business & Commerce;
  April 18, 2023, reported adversely, with favorable Committee
  Substitute by the following vote:  Yeas 10, Nays 0; April 18, 2023,
  sent to printer.)
Click here to see the committee vote
 
  COMMITTEE SUBSTITUTE FOR S.B. No. 1344 By:  King
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to the advertising of certain used motor vehicles.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter H, Chapter 2301, Occupations Code, is
  amended by adding Section 2301.364 to read as follows:
         Sec. 2301.364.  ADVERTISING BY DEALERS OF CERTAIN USED MOTOR
  VEHICLES. Notwithstanding any other law, a dealer may advertise
  for sale a specific used motor vehicle that is not in the possession
  of the dealer at the time the advertisement is placed if the
  advertisement:
               (1)  clearly and conspicuously discloses that the
  vehicle is not in the possession of the dealer;
               (2)  states that the motor vehicle may be obtained
  within a reasonable time from the manufacturer, the distributor, or
  a manufacturer- or distributor-affiliated financial institution;
  and
               (3)  includes the vehicle identification number of the
  specific motor vehicle, if the price of the vehicle is advertised.
         SECTION 2.  This Act takes effect September 1, 2023.
 
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