| Last Action | signed by Governor (Acts, ch. 83) |
|---|---|
| Title | AN ACT relating to motor vehicle dealers. |
| Bill Documents |
Bill
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| Bill Request Number | 279 |
| Sponsors | H. Collins, L. Clark, D. Horlander, C. Miller, S. Riggs |
| Summary of Original Version | Amend KRS 190.030 to limit a temporary sale or display to only the county where the licensee is licensed to conduct business; increase the required bond amounts; amend KRS 190.033 to increase the required insurance amounts; amend KRS 190.058 to provide that the motor vehicle commission fund shall not lapse but be carried forward to the next biennium; amend KRS 190.070 to prohibit a manufacturer from offering any rebate or incentive that is not available to each dealer on proportionally equal terms. |
| Index Headings of Original Version |
Insurance - Motor vehicle dealers, increase insurance requirements Motor Vehicles - Motor vehicle commission statutes, omnibus revision, required bond and insurance, offsite sales State Agencies - Motor vehicle commission, omnibus revision of statutes Transportation - Motor vehicle commission statutes, omnibus revision, required bond and insurance, offsite sales Bonds of Surety - Motor vehicle dealers, increase bond requirement Commerce - Offsite motor vehicle sales, limit to county of licensee |
| Proposed Amendments |
House Committee Substitute 1 Senate Committee Substitute 1 |
| Votes | Vote History |
| 01/08/14 |
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| 01/09/14 |
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| 01/30/14 |
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| 02/04/14 |
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| 02/05/14 |
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| 02/07/14 |
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| 02/10/14 |
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| 02/12/14 |
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| 03/19/14 |
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| 03/20/14 |
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| 03/21/14 |
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| 03/24/14 |
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| 03/27/14 |
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| 03/28/14 |
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| 03/31/14 |
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| 04/10/14 |
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| Amendment | House Committee Substitute 1 |
|---|---|
| Summary | Clarify that new motor vehicle dealers are limited to temporary off-site sales within their market area as defined by KRS 190.047(6); exempt a dealer who has a certificate of self-insurance from the Department of Insurance from the insurance requirements in Section 2; eliminate Section 3, which contained references to dealer incentives. |
| Index Headings |
Insurance - Motor vehicle dealers, increase insurance requirements Motor Vehicles - Motor vehicle commission statutes, omnibus revision, required bond and insurance, offsite sales State Agencies - Motor vehicle commission, omnibus revision of statutes Transportation - Motor vehicle commission statutes, omnibus revision, required bond and insurance, offsite sales Bonds of Surety - Motor vehicle dealers, increase bond requirement Commerce - Offsite motor vehicle sales, limit to county of licensee |
| Amendment | Senate Committee Substitute 1 |
|---|---|
| Summary | Retain original provisions; amend KRS 138.470, regarding motor vehicle usage tax, to exempt vehicles under an MSO held by a new motor vehicle dealer that are titled and transferred to a used motor vehicle dealer and held for sale. |
| Index Headings |
Insurance - Motor vehicle dealers, increase insurance requirements Motor Vehicles - Motor vehicle commission statutes, omnibus revision, required bond and insurance, offsite sales State Agencies - Motor vehicle commission, omnibus revision of statutes Transportation - Motor vehicle commission statutes, omnibus revision, required bond and insurance, offsite sales Bonds of Surety - Motor vehicle dealers, increase bond requirement Commerce - Offsite motor vehicle sales, limit to county of licensee |
Last updated: 8/27/2019 6:52 PM (EDT)