CaliforniaVehicles: liens.
What it does
Existing law provides one lien sale procedure for vehicles that have been determined to have a value that does not exceed $4,000 and a different lien sale procedure for vehicles that have been determined to have a value exceeding $4,000. Existing law requires a lienholder to apply to the Department of Motor Vehicles for the issuance of an authorization to conduct a lien sale, upon an application that is to be executed under penalty of perjury.
More detail
This bill would increase the above-described vehicle value threshold from $4,000 to $7,000. Commencing January 1, 2030, and triennially thereafter, the bill would require the Director of Motor Vehicles to adjust that value to reflect changes in inflation, as specified.
Where do you stand?
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Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 20In committee: Hearing postponed by committee.Latest
- Mar 9Referred to Com. on TRANS.Minor
- Feb 20From printer. May be heard in committee March 22.
- Feb 19Read first time. To print.Introduced