Introduced
by
To establish procedures for a lender retaining title to vehicles covered under an inventory loan to a used car dealer, and for transferring the title directly to a buyer when the dealer sells the vehicle. The bill authorizes a new $100 fee on used car dealers for late transfer of lender-held titles.
Referred to the Committee on Commerce
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 110 to 0 (details)
Referred to the Committee on Transportation
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Substitute offered
by
To adopt a substitute that also revises details of the comprehensive regulatory regime imposed on auto dealers.
The substitute passed by voice vote
Amendment offered
by
To revise a maximum truck weight detail.
The amendment passed by voice vote
Amendment offered
by
The amendment passed by voice vote
Passed in the Senate 21 to 17 (details)
To revise details of the comprehensive regulatory regime imposed on auto dealers, and use this law to authorize the regional property taxes and reserved highway lanes for buses included in the new Detroit regional mass transit authority created by Senate Bill 909. Among other things the bill would impose much more rigorous regulations that would have the effect of raising barriers to entry for vehicle wholesaler businesses; restrict cell phone use by truck drivers; impose new fees and more. It also revises regulations on inventory loans to auto dealers.
Passed in the House 59 to 45 (details)
