VEHICLE TRANSF.; PROHIBIT DURING ATTACHMENT S.B. 426 (S-1):
SUMMARY OF BILL
REPORTED FROM COMMITTEE
Senate Bill 426 (Substitute S-1 as reported)
Sponsor: Senator Peter J. Lucido
Committee: Transportation and Infrastructure
CONTENT
The bill would amend the Michigan Vehicle Code to do the following:
-- Prohibit a person from transferring or attempting to transfer ownership or right of possession of a vehicle subject to levy of execution or other court process resulting in attachment under the Code with the intent to avoid the levy or attachment of that vehicle.
-- Prohibit a person from transferring or assigning without a court order the title or an interest in the vehicle to a person who is not subject to payment of a use tax during the time the vehicle was subject to levy of execution or other court process resulting in attachment.
-- Specify that the transferee, purchaser, or assignee would not be in violation of the prohibitions proposed above.
MCL 257.233 Legislative Analyst: Tyler VanHuyse
FISCAL IMPACT
Date Completed: 10-2-20 Fiscal Analyst: Joe Carrasco
Michael Siracuse
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.