HB669 Alabama 2012 Session
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Bill Summary
Sponsors
Session
Regular Session 2012
Title
Motor vehicles, security interests, older model vehicles, time before considered satisfied reduced, Sec. 32-8-64.2 am'd
Description
<p class="bill_description"> Existing law provides that a security
agreement on a motor vehicle that is 12 model years
old or older is considered satisfied after five
years from the date of the security agreement</p><p class="bill_description">
This bill would reduce the period of time in
which the security agreement on a motor vehicle
that is 12 or more model years old is considered
satisfied to three years</p><p class="bill_entitled_an_act"> To amend Section 32-8-64.2, Code of Alabama 1975, as
last amended by Act 2011-633, 2011 Regular Session (Acts 2011,
p. 1507), to provide for the release of certain liens after
three years on vehicles which are 12 or more model years old.
</p>
Subjects
Motor Vehicles
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 16, 2012 | Further Consideration | |
| May 16, 2012 | Allen Carry Over to the Call of the Chair Granted | |
| May 16, 2012 | Third Reading Carried Over to Call of the Chair | |
| May 9, 2012 | Read for the second time and placed on the calendar | |
| May 3, 2012 | Read for the first time and referred to the Senate committee on Finance and Taxation Education | |
| May 2, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1181 | |
| May 2, 2012 | Third Reading Passed | |
| April 12, 2012 | Read for the second time and placed on the calendar | |
| April 10, 2012 | Read for the first time and referred to the House of Representatives committee on Commerce and Small Business |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB669 Alabama 2012 Session - Introduced |