SENATE BILL REPORT

                  SSB 6548

              As Passed Senate, February 14, 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:  Senate Committee on Transportation (originally sponsored by Senator McCaslin).

 

Brief History:

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

Passed Senate, 2/14/2000, 48-0.

 

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 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.

 

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.