DE HB401

Establishes that a dealer license is non-transferrable and requires applicants to be at least 18 years of age at time of application submission.

Requires applicants to submit fingerprints and criminal history information, with fingerprinting required for renewals if more than 5 years have passed since original licensure.

Denies or revokes licenses for felony convictions (unless more than 10 years have elapsed and applicant is not incarcerated, on probation, parole, or serving suspended sentence) and misdemeanor convictions involving theft, fraud, dishonesty, or moral turpitude (unless more than 5 years have elapsed with same conditions).

Adds grounds for license denial or revocation including pending criminal charges, failure to notify Department of criminal history changes within 72 hours, and failure to maintain fiscal responsibility including timely filing of tax returns.

Requires dealerships to obtain yearly dealer business license from Department of Finance Division of Revenue and maintains existing residency requirement of 90 days in Delaware with valid driver's license (exempting franchised and new vehicle dealers).