Heard

Sign InJoin Heard

Legislative record

SB 1029STATE · CaliforniaIntroduced

Vehicle lien sales: proceeds.

Existing law establishes the Motor Vehicle Account in the State Transportation Fund and requires moneys in the account, upon appropriation by the Legislature, be expended by the Department of Motor Vehicles and the Department of the California Highway Patrol for the purposes of enforcing laws related to vehicles or the use of highways. Existing law requires a lienholder to comply with specified procedures to conduct a vehicle lien sale. With regards to those procedures, existing law requires that the proceeds of a vehicle lien sale be paid to the lienholder in the amount necessary to discharge the lien and to cover the cost of processing the vehicle, among other requirements. Existing law requires that the balance be forwarded to the Department of Motor Vehicles and requires the balance to be deposited in the Motor Vehicle Account in the State Transportation Fund, as provided. Existing law authorizes any person claiming an interest in the vehicle to file a claim with the Department of Motor Vehicles for any portion of the funds from the lien sale that was forwarded to the department, as provided. Existing law prohibits the Department of Motor Vehicles from honoring any claim unless the claim has been filed within 3 years of the date the funds were deposited in the Motor Vehicle Account. This bill would delete the above-described prohibition against the Department of Motor Vehicles from honoring any claim. The bill would, instead, 3 years after the date the funds were deposited in the Motor Vehicle Account, require the Department of Motor Vehicles to transfer any funds deposited in the Motor Vehicle Account to the Controller and would require the funds to be treated as escheated property. The bill would make the bill's provisions operative on January 1, 2030. Because this bill would require the balance to be treated as escheated property to the state, and thereby deposited in the Unclaimed Property Fund, which is a continuously appropriated fund, this bill would make an appropriation.

Voted 8/28/2026View source

Roll-call record

How representatives voted

0 yea·0 nay

No roll-call votes recorded for this bill yet.

Docket history

Action history

  1. 6/30/2026From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 15. Noes 0.) (June 29). Re-referred to Com. on APPR.
  2. 6/23/2026From committee with author's amendments. Read second time and amended. Re-referred to Com. on TRANS.
  3. 6/1/2026Referred to Com. on TRANS.
  4. 5/22/2026In Assembly. Read first time. Held at Desk.
  5. 5/22/2026Read third time. Passed. (Ayes 33. Noes 0. Page 4418.) Ordered to the Assembly.
  6. 5/20/2026Ordered to special consent calendar.
  7. 5/14/2026Read second time. Ordered to third reading.
  8. 5/14/2026From committee: Do pass. (Ayes 7. Noes 0. Page 4262.) (May 14).
  9. 5/8/2026Set for hearing May 14.
  10. 4/27/2026April 27 hearing: Placed on APPR. suspense file.