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California 20252026

SB 1029

Vehicle lien sales: proceeds.

Open original source Back to bills
Source: Open States / PluralUpdated 2026-09-12 13:12:55 UTC.

Official record

Measure details

Jurisdiction
California
Session
20252026
Chamber
upper
Classification
bill, appropriation
Subjects
Vehicleliensales, proceeds
Introduced / first action
2026-02-10 00:00:00

Alternate titles

  • Vehicle lien sales: Department of Motor Vehicles: notice.

Source-supplied abstracts

Existing law establishes the Motor Vehicle Account in the State Transportation Fund and requires moneys in the account, upon appropriation by the Legislature, be expended by the Department of Motor Vehicles and the Department of the California Highway Patrol for the purposes of enforcing laws related to vehicles or the use of highways. Existing law requires a lienholder to comply with specified procedures to conduct a vehicle lien sale. With regards to those procedures, existing law requires that the proceeds of a vehicle lien sale be paid to the lienholder in the amount necessary to discharge the lien and to cover the cost of processing the vehicle, among other requirements. Existing law requires that the balance be forwarded to the Department of Motor Vehicles and requires the balance to be deposited in the Motor Vehicle Account in the State Transportation Fund, as provided. Existing law authorizes any person claiming an interest in the vehicle to file a claim with the Department of Motor Vehicles for any portion of the funds from the lien sale that was forwarded to the department, as provided. Existing law prohibits the Department of Motor Vehicles from honoring any claim unless the claim has been filed within 3 years of the date the funds were deposited in the Motor Vehicle Account. This bill would delete the above-described prohibition against the Department of Motor Vehicles from honoring any claim. The bill would, instead, 3 years after the date the funds were deposited in the Motor Vehicle Account, require the Department of Motor Vehicles to transfer any funds deposited in the Motor Vehicle Account to the Controller and would require the funds to be treated as escheated property. The bill would make the bill's provisions operative on January 1, 2030. Because this bill would require the balance to be treated as escheated property to the state, and thereby deposited in the Unclaimed Property Fund, which is a continuously appropriated fund, this bill would make an appropriation.

Sponsors

Source-supplied history

Actions

  1. Enrolled and presented to the Governor at 11 a.m.

    executive-receipt

  2. Assembly amendments concurred in. (Ayes 40. Noes 0.) Ordered to engrossing and enrolling.

    amendment-passage, committee-passage, committee-passage-favorable

  3. In Senate. Concurrence in Assembly amendments pending.

  4. Read third time. Passed. (Ayes 76. Noes 0. Page 6304.) Ordered to the Senate.

    passage, reading-1, reading-3

  5. Read second time. Ordered to third reading.

    reading-1, reading-2, reading-3

  6. Read second time and amended. Ordered to second reading.

    amendment-passage, reading-1, reading-2

  7. From committee: Do pass as amended. (Ayes 11. Noes 0.) (August 13).

    amendment-passage, committee-passage, committee-passage-favorable

  8. Assembly Rule 63 suspended.

  9. August 5 set for first hearing. Placed on suspense file.

  10. From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 15. Noes 0.) (June 29). Re-referred to Com. on APPR.

    committee-passage, committee-passage-favorable, referral-committee

  11. From committee with author's amendments. Read second time and amended. Re-referred to Com. on TRANS.

    amendment-passage, committee-passage, reading-1, reading-2, referral-committee

  12. Referred to Com. on TRANS.

    referral-committee

  13. In Assembly. Read first time. Held at Desk.

    reading-1

  14. Read third time. Passed. (Ayes 33. Noes 0. Page 4418.) Ordered to the Assembly.

    passage, reading-1, reading-3

  15. Ordered to special consent calendar.

  16. Read second time. Ordered to third reading.

    reading-1, reading-2, reading-3

  17. From committee: Do pass. (Ayes 7. Noes 0. Page 4262.) (May 14).

    committee-passage, committee-passage-favorable

  18. Set for hearing May 14.

  19. April 27 hearing: Placed on APPR. suspense file.

  20. Set for hearing April 27.

  21. From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 12. Noes 0. Page 3873.) (April 14). Re-referred to Com. on APPR.

    committee-passage, committee-passage-favorable, referral-committee

  22. Set for hearing April 14.

  23. Referred to Com. on TRANS.

    referral-committee

  24. From printer. May be acted upon on or after March 13.

  25. Introduced. Read first time. To Com. on RLS. for assignment. To print.

    introduction, reading-1, referral-committee

When supplied by the API

Related measures

No resolvable related measure is supplied.