TX HB5340

Requires vehicle storage facility operators to report abandoned vehicles to the appropriate law enforcement agency with jurisdiction, removing the previous condition that reporting was only required if mandated by law enforcement

Mandates that vehicle storage facilities sell abandoned vehicles through Internet websites approved by the Texas Department of Motor Vehicles, rather than having discretion over the sale method

Requires the Texas DMV board to adopt rules for approving and regulating Internet websites used for public sales of abandoned vehicles, including eligibility requirements and revocation procedures

Prohibits sale of flood-damaged salvage vehicles through the online system without proper disclosure to the DMV and website, with violators liable for three times the repair cost plus attorney's fees, and repeat offenders subject to license revocation

Excludes storage fees from "total consideration" for motor vehicle tax purposes when vehicles are sold through abandoned vehicle proceedings, and specifies acceptable forms of proof for notice delivery including USPS certified mail receipts