SENATE BILL REPORT

                   SB 6548

              As Reported By Senate Committee On:

               Transportation, February 8, 2000

Title:  An act relating to vehicle sales by consignment at wholesale motor vehicle auctions.

Brief Description:  Selling a vehicle by consignment at wholesale motor vehicle auctions.

Sponsors:  Senator McCaslin.

Brief History:

Committee Activity:  Transportation:  2/7/2000, 2/8/2000 [DPS].

SENATE COMMITTEE ON TRANSPORTATION

Majority Report:  That Substitute Senate Bill No. 6548 be substituted therefor, and the substitute bill do pass.

  Signed by Senators Haugen, Chair; Gardner, Vice Chair; Goings, Vice Chair; Benton, Costa, Eide, Finkbeiner, Horn, Jacobsen, Johnson, Morton, Oke, Prentice, Sheahan, T. Sheldon, Shin and Swecker.

Staff:  Jennifer Ziegler (786-7316)

Background:  Motor vehicle dealers who transact business by consignment must obtain a consignment contract to sell the vehicle.  Once the vehicle's title has been delivered to the purchaser of the vehicle, the dealer must pay the amount due to the consignor within ten days after the sale.  Currently, some consignment contracts require payment within 15 days after the sale of the vehicle.

Summary of Substitute Bill:  When the title has been delivered to the purchaser, the wholesale auto auction must pay the amount due to the consignor within 20 days after the sale of the vehicle.

Substitute Bill Compared to Original Bill:  The bill only applies to wholesale auto auctions.

Appropriation:  None.

Fiscal Note:  Not requested.

Effective Date:  Ninety days after adjournment of session in which bill is passed.

Testimony For:  This is a technical change to provide auctions sufficient time to process paperwork.

Testimony Against:  None.

Testified:  PRO:  Rick Jensen, Puget Sound Auto Auction/Dealers Auto Auction Group; Jim Boldt. South Seattle Auto Auction.