Loading chat...
FL H1517
Bill
Status
Introduced
1/8/2024
Primary Sponsor
Transportation & Modals Subcommittee
Click for details
AI Summary
- Expands the definition of "independent entity" to include businesses that temporarily store damaged or dismantled vessels (in addition to motor vehicles) pursuant to agreements with insurance companies, and expands the "major component parts" definition to cover electric, hybrid, and plug-in hybrid vehicles and trucks
- Adds a new definition of "vessel" referencing s. 713.78(1)(b) and extends existing procedures for damaged/dismantled motor vehicle release and titling to also cover damaged or dismantled vessels held by independent entities
- Requires independent entities to notify vessel or vehicle owners by certified mail that the property is available for pickup, giving owners 30 days to claim it; if unclaimed, the entity may apply for a certificate of destruction, salvage certificate of title, or certificate of title (with a "Hull Damaged" designation for applicable vessels)
- Exempts the Department of Highway Safety and Motor Vehicles from liability to owners, lienholders, or other persons resulting from the issuance of a salvage certificate of title or certificate of destruction when an insurance company cannot obtain a properly assigned title after paying a total loss claim
- Prohibits independent entities from charging vehicle or vessel owners storage fees and requires entities to maintain records related to owner notifications for at least 3 years; effective date is July 1, 2024
Legislative Description
Damaged or Salvage Motor Vehicles, Mobile Homes, and Vessels
Last Action
Laid on Table, refer to CS/SB 1350
2/29/2024
Committee Referrals
Infrastructure Strategies Committee2/7/2024
Judiciary1/23/2024
Transportation & Modals Subcommittee1/13/2024
Full Bill Text
No bill text available