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2004 Senate Bill 1321: Regulate motorcycle dealer financing practices
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- Introduced by Sen. Jason Allen (R) on June 24, 2004, to include motorcycle dealers under the motor vehicle sales finance act that regulates the financing practices of auto dealers.
- Referred to the Senate Economic Development, Small Business and Regulatory Reform Committee on June 24, 2004.
- Reported in the Senate on September 28, 2004, with the recommendation that the amendment be adopted and that the bill then pass.
- Amendment offered in the Senate on September 29, 2004, to clarify which state department has authority under this law. The amendment passed by voice vote in the Senate on September 29, 2004.
- Referred to the Senate Economic Development, Small Business and Regulatory Reform Committee on June 24, 2004.
- Passed 24 to 13 in the Senate on September 30, 2004.
Who Voted "Yes" and Who Voted "No" - Received in the House on November 4, 2004.
- Referred to the House Regulatory Reform Committee on November 4, 2004.
- Reported in the House on November 30, 2004, without amendment and with the recommendation that the bill pass.
- Referred to the House Regulatory Reform Committee on November 4, 2004.
- Passed 85 to 15 in the House on December 9, 2004, to include motorcycle dealers under the motor vehicle sales finance act that regulates the financing practices of auto dealers.
Who Voted "Yes" and Who Voted "No" - Vetoed by Gov. Jennifer Granholm on December 29, 2004.
Most Recent Comments
1) Sen. Basham's "journal statement" by Admin003 on October 1, 2004Senator Basham, under his constitutional right of protest (Art. 4, Sec. 18), protested against the passage of Senate Bill No.1321 and moved that the statement he made during the discussion of the bill be printed as his reasons for voting "no."
The motion prevailed.
Senator Basham's statement is as follows:
I rise to oppose this bill. This bill would place motorcycle dealers in the Motor Vehicle Sales Finance Act, which is in and of itself not an unreasonable request. The problem lies, and the reason I suspect motorcycle dealers want to be a part of this act, you see, the Motor Vehicle Sales Finance Act allows dealers to collect up to $160 as a document preparation fee. This fee is not in-line with the actual cost of preparing the documents, which is why the Motor Vehicle Sales Finance Act allows for a fee up to $160, but almost every automobile dealer collects the full $160.
In spite of the fact that the vast majority of the work is done by a computer just sitting on their desk, document preparation is a cost of doing business, and if the dealer needs to collect more money for the task, that should be a part of the sales price. But if we pass this bill, the dealer can pass the fee off as another instance of state government taking more money out your pocket. This isn't a tax increase, Mr.Chair, but your constituents' invoice will say they are paying a $160 state fee, and sometimes they can't tell the difference.
Reply
Introduced in the Senate on June 24, 2004, to include motorcycle dealers under the motor vehicle sales finance act that regulates the financing practices of auto dealers
The vote was 24 in favor, 13 opposed and 1 not voting
(Senate Roll Call 717 at Senate Journal 95)
Click here to view bill details.
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