The bill amends Minnesota Statutes 2024, section 168.002, subdivision 6, to modify the definition of a motor vehicle dealer. It now includes dealers who are licensed under the laws of a contiguous state, thereby expanding the scope of who qualifies as a dealer in Minnesota. This change allows the commissioner to recognize these out-of-state dealers as licensed dealers for specific sections of the law, which may facilitate cross-border transactions and enhance competition in the motor vehicle market.

Additionally, the bill specifies that the new provisions will take effect on October 1, 2025. This timeline provides a clear implementation date for the changes, allowing stakeholders to prepare for the updated definition and its implications for motor vehicle sales and licensing in Minnesota.

Statutes affected:
Introduction: 168.002