Senate Bill 213 amends Tennessee law to exempt certain auctions of previously titled antique or unique motor vehicles from requiring a motor vehicle dealer license. This exemption applies specifically to auctions held in conjunction with a motor vehicle festival at a municipal convention center in a county with a population between 366,200 and 366,300, as per the 2020 federal census or any subsequent census. Additionally, a portion of the proceeds from the festival must be donated to a hospital neurological institute located in the same population range. The new provisions will be repealed on October 22, 2025.
The bill introduces similar language in two sections of the Tennessee Code Annotated: Section 55-17-120 and Section 62-19-128. Both sections specify the conditions under which the dealer license exemption applies and include the same population criteria and donation requirement. The act is set to take effect on October 17, 2025, ensuring that the public welfare is prioritized.
Statutes affected: Introduced: 55-17-120, 62-19-128