SB198 Alabama 2020 Session

Sponsors

Session

Regular Session 2020

Title

Revenue and taxation, motor vehicle wholesale auction licensing, auction transit license plates, provided, Secs. 40-12-264, 40-12-447 am'd.

Description

<p class="bill_description"> Under existing law, a licensed motor vehicle wholesale auction may purchase a temporary seven-day auction transit license plate to be used to transport vehicles to and from auction</p><p class="bill_description"> This bill would provide a licensed motor vehicle wholesale auction the ability to purchase up to 25 auction transit license plates to transport vehicles to and from auction in lieu of temporary seven-day auction transit license plates</p><p class="bill_description"> This bill would also require a licensed motor vehicle wholesale auction to obtain a supplemental license for each additional location and would require the purchase of blanket motor vehicle liability insurance coverage on vehicles by the auction</p><p class="bill_entitled_an_act"> Relating to motor vehicle wholesale auction licensing; to amend Sections 40-12-264 and 40-12-447, Code of Alabama 1975, to provide for an auction transit license plate; and to further provide requirements for motor vehicle wholesale auctions. </p>

Subjects

Revenue Department