Motor Vehicles - As enacted, provides that a motor vehicle dealer license is not required to sell or purchase certain antique vehicles or unique motor vehicles through an auction being held at a venue with a permanent seating capacity of at least 20,000 located in Wilson County, the auction operator conducts no more than one auction in this state per year, the auction offers no less than 400 vehicles and no more than 2,000 vehicles for any one auction, and the operator has a minimum net worth of $25 million. - Amends TCA Title 55, Chapter 17 and Title 62, Chapter 19.

Pub. Ch. 540

Effective date(s) 02/25/2026

Signed by Governor.

Transmitted to Governor for his action.

Signed by Senate Speaker

Signed by H. Speaker

H. concurred in S. am. no. 2 Ayes 91, Nays 0 PNV 0 HB0974

Enrolled; ready for sig. of H. Speaker.

H. Placed on Message Calendar for 2/12/2026

Senate substituted House Bill for companion Senate Bill.

Senate adopted Amendment (Amendment 2 - SA0458)

Passed Senate as amended, Ayes 33, Nays 0

Received from House, Passed on First Consideration

H. adopted am. (Amendment 1 - HA0076)

Passed H., as am., Ayes 97, Nays 0, PNV 0

Engrossed; ready for transmission to Sen.

H. Placed on Regular Calendar for 4/10/2025

Placed on cal. Calendar & Rules Committee for 4/3/2025

Rec. for pass; ref to Calendar & Rules Committee

Rec. for pass by s/c ref. to Finance, Ways, and Means Committee

Placed on cal. Finance, Ways, and Means Committee for 4/1/2025

Sponsor(s) Added.

Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/26/2025

Rec. for pass. if am., ref. to Finance, Ways, and Means Committee

Sponsor(s) Added.

Assigned to s/c Finance, Ways, and Means Subcommittee

Sponsor(s) Added.

Sponsor(s) Added.

Rec for pass if am by s/c ref. to Commerce Committee

Placed on cal. Commerce Committee for 3/12/2025

Ref. to Commerce Committee

Assigned to s/c Business & Utilities Subcommittee

Placed on s/c cal Business & Utilities Subcommittee for 3/5/2025

P2C, caption bill, held on desk - pending amdt.

Intro., P1C.

Filed for introduction