STATEMENT TO

SENATE, No. 4246

with Senate Floor Amendments

(Proposed by Senator GOPAL)

ADOPTED: DECEMBER 20, 2021

      The Senate Floor amendments add an additional requirement for the established place of business of a new or used motor vehicle dealer to display an exterior sign permanently affixed to the land or building.  The sign is to be consistent with local ordinances, include letters easily readable from major avenues of traffic, and, in certain instances, contain the dealer name or trade name.  The amendments also provide that leasing dealers do not have to comply with certain requirements if they sell a vehicle at the termination of a lease to the lessee but that a leasing dealer who is otherwise engaged in the buying, selling, or dealing in motor vehicles is required to obtain a used motor vehicle dealer license.