FINAL BILL REPORT
SSB 5472
FULL VETO
BYSenate Committee on Transportation (originally sponsored by Senators Nelson, Bender, Barr and Conner)
Establishing vessel dealer exemptions to chapter 88.02 RCW.
Senate Committee on Transportation
House Committe on Transportation
AS PASSED LEGISLATURE
BACKGROUND:
The Department of Licensing (DOL) is responsible for the administration of the state's vessel dealer laws.
At the time of registration, the department requires the applicant to file a $5,000 surety bond to insure compliance with the vessel dealer laws.
SUMMARY:
The Department of Licensing may exempt people from the vessel dealer laws who sell human-powered watercraft less than 16 feet in length, unable to be powered by a motor or the wind, and designed for use on navigable waters.
The DOL may also exempt retailers who sell vessels less than 10 feet in length that are capable of being powered by a motor of five or less horsepower.
At the time of registration, the applicant may establish a cash account in lieu of a surety bond. The applicant shall certify in writing to the department that he or she will conform to the vessel dealer laws.
Depository institutions are authorized to pay judgments against a vessel dealer's cash account. The depository institution shall notify the department within 20 days if any account is not maintained in proper status.
An obsolete statute which distributed monetary penalties from violations of the vessel dealers law is repealed.
VOTES ON FINAL PASSAGE:
Senate 46 0
House 98 0 (House amended)
Senate 44 0(Senate concurred)
FULL VETO: (See VETO MESSAGE)