Bill
SB 1433
Arizona SB 1433 tightens used-car dealer licensing with mandatory education, fingerprint checks, and expands the enforcement fund to curb unlicensed curbstoning.
Note: The provided materials appear to combine text from two different bills titled SB 1433 in different jurisdictions. Below are concise, separate summaries of each measure as they appear in the package: (A) an Arizona measure amending used motor vehicle dealer licensing and enforcement; and (B) an Illinois measure amending how railroad property is assessed.
Purpose
- Strengthen licensing, education and enforcement related to used motor vehicle dealers; clarify “curbstoning”; expand permitted uses of the motor vehicle dealer enforcement fund; and appropriate funds for investigations.
Key provisions
- Licensing application (A.R.S. § 28-4361):
- Requires standard application materials and annual fees.
- Adds a form the applicant must sign that (1) defines “curbstoning” as the illegal sale of vehicles without required licensure, and (2) describes penalties for unlicensed activity under related sections.
- Criminal records checks:
- Applicants/owners with ≥20% ownership must provide fingerprints and pay the DPS fee for state and federal criminal records checks for initial licenses.
- New qualifying partners/owners added after licensure must be reported within 30 days and submitted for checks; ineligible individuals may prompt revocation unless removed.
- Exemptions: manufacturers/importers/factory branches/distributors; persons under 18; applicants recently screened (within 5 years) or currently licensed; new motor vehicle dealers paying specified fees.
- Mandatory education (new/renewal used and wholesale dealer licenses):
- Applicants must complete a mandatory education course before licensure/renewal.
- Course must be administered by a dealer‑specific association with ≥5 years presence in the state.
- Course content: federal/state/local motor vehicle sales regulations (consumer protections, financing, taxes, licensing).
- Minimum of six hours instruction.
- Exemptions: new motor vehicle franchise dealers, manufacturers, recyclers, and dealers licensed on or before Dec 31, 2023 (unless obtaining a new license type or changing locations).
- Motor vehicle dealer enforcement fund (A.R.S. § 28-4504):
- Clarifies fund use: (1) operations to enhance investigations of unlicensed dealers; (2) expand resources and scale enforcement of licensing requirements.
- Existing monetary deposit rule retained (amounts over $250,000 to State Highway Fund).
- Appropriation & emergency:
- One-time supplemental appropriation: $250,000 from the enforcement fund to Arizona Department of Transportation for investigations of unlicensed used motor vehicle dealers (FY 2024‑25).
- Declared an emergency measure; operative immediately (per text).
Who is affected
- Used and wholesale motor vehicle dealers (new applicants and many renewing dealers), dealer associations (as course providers), owners with ≥20% interest, license applicants subject to fingerprinting, and the Department of Transportation / enforcement staff.
Potential impacts
- Increased compliance costs/time for applicants due to mandatory training and fingerprinting.
- Expanded enforcement capacity funded by the enforcement fund appropriation.
- Aimed at reducing unlicensed “curbstoning” and improving consumer protections.
Purpose
- Change the statutory method for assessing railroad taxable property from a “unit” valuation to assessment based on the location of the property.
Key provisions
- Amends Property Tax Code § 11-80:
- Revises language so that assessment of railroad company property is based on the location of the property (rather than treating all railroad property as a single unit valuation).
- Existing provisions about determining 33 1/3% of fair cash value, considering market value of stock, bonds, indebtedness, and applying an equalization factor remain present in the statutory text but are being revised to accommodate the location-based approach.
Who is affected
- Railroad companies operating in Illinois; local taxing districts and municipalities that receive property tax revenues from railroad property; Department of Revenue (or equivalent) administration of assessments.
Potential impacts
- Redistribution of assessed value among local taxing jurisdictions (some localities could gain or lose taxable value depending on where railroad property is located).
- Potential changes to statewide tax liability allocation for railroads; effects depend on implementation details and allocation rules.
- May change how rail property trades with municipalities are assessed (text retains certain provisions limiting assessment increases for traded property).
Compiled from official sources — confirm details with the bill’s official record.
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