Revision: May 23, 2024, 3:46 p.m.
Sen. Fenton, Dist 10
May 23, 2024
2024-2168s
06/05
Floor Amendment to HB 1243
Amend the title of the bill by replacing it with the following:
AN ACT revising the laws relative to retail installment sales of motor vehicles, and relative to the sale of a vehicle to a Massachusetts resident.
Amend the bill by replacing all after section 3 with the following:
4 Repeal. RSA 261:56-a, relative to vehicles sold to Massachusetts residents, is repealed.
I. Sections 1-3 of this act shall take effect July 1, 2024.
II. The remainder of this act shall take effect 30 days after its passage.
2024-2168s
AMENDED ANALYSIS
This bill revises the law on retail installment sales of motor vehicles administered by the banking department and is a request of the banking department.
This bill also eliminates the requirement that a retail motor vehicle dealer submit a form notifying the New Hampshire department of motor vehicles of a sale of a vehicle to a Massachusetts resident.