Senate Bill 17-240 Summary

• Continues regulation of motor vehicle and powersports vehicle dealers by removing a July 1, 2017 sunset date and extending regulations until September 1, 2027.

• Creates an Auto Industry Division within the Department of Revenue, led by a Director, to oversee licensing and enforcement of dealer regulations previously managed by the Motor Vehicle Dealer Board.

• Implements sunset review recommendations from the Department of Regulatory Agencies, including fingerprint-based criminal background checks for all license applicants and new ownership transfer approval requirements.

• Extends regulatory authority to powersports vehicles and establishes a new sunset review date of September 1, 2027, with the Auto Industry Division's provisions repealing effective September 1, 2029.

• Appropriates $70,011 to the Department of Revenue and $162,983 to the Department of Public Safety for implementation of background checks and licensing administration.