HB 22-1314 - Expands State Regulations on Non-Consensual Towing - Colorado Key Vote

Stage Details

Title: Expands State Regulations on Non-Consensual Towing

See How Your Politicians Voted

Title: Expands State Regulations on Non-Consensual Towing

Vote Smart's Synopsis:

Vote to concur with senate amendments and pass a bill that expands state regulations on non-consensual towing.

Highlights:

 

  • Establishes to sell a motor vehicle that was abandoned on a private property, the operator must sell the motor vehicle in a commercially reasonable manner at a public or private sale held not less than 30 days nor more than 60 days after the postmarked date the notice was mailed (Page 7).

  • Specifies the operator must make the sale to a licensed motor vehicle dealer or wholesaler, or wholesale motor vehicle auction dealer (Page 8).

  • Specifies a sale is not commercially reasonable if (Page 8): 

    • The vehicles appraisal value is more than 350 and the vehicle is sold to an officer or partner of the operator that has possession of the vehicle or to any other person with proprietary interest in the operator; or

    • The operator fails to set the sale price at the time of the sale, list the fair market price at time of the sale, or report the sale; or report the sale price to the department within 5 business days after the sale. 

See How Your Politicians Voted

Title: Expands State Regulations on Non-Consensual Towing

Vote Smart's Synopsis:

Vote to amend and pass a bill that expands state regulations on non-consensual towing.

Highlights:

 

  • Establishes to sell a motor vehicle that was abandoned on a private property, the operator must sell the motor vehicle in a commercially reasonable manner at a public or private sale held not less than 30 days nor more than 60 days after the postmarked date the notice was mailed (Page 7).

  • Specifies the operator must make the sale to a licensed motor vehicle dealer or wholesaler, or wholesale motor vehicle auction dealer (Page 8).

  • Specifies a sale is not commercially reasonable if (Page 8): 

    • The vehicles appraisal value is more than 350 and the vehicle is sold to an officer or partner of the operator that has possession of the vehicle or to any other person with proprietary interest in the operator; or

    • The operator fails to set the sale price at the time of the sale, list the fair market price at time of the sale, or report the sale; or report the sale price to the department within 5 business days after the sale. 

Title: Expands State Regulations on Non-Consensual Towing

Title: Expands State Regulations on Non-Consensual Towing

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