South Carolina General Assembly
115th Session, 2003-2004

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Bill 414

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

COMMITTEE REPORT

May 21, 2003

S. 414

Introduced by Senator Grooms

S. Printed 5/21/03--H.

Read the first time March 18, 2003.

            

THE COMMITTEE ON

LABOR, COMMERCE AND INDUSTRY

To whom was referred a Bill (S. 414) to amend the Code of Laws of South Carolina, 1976, by adding Article 4 to Chapter 15, Title 56 so as to require certain applicants for an initial nonfranchise automobile dealer license, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

HARRY F. CATO for Committee.

            

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 4 TO CHAPTER 15, TITLE 56 SO AS TO REQUIRE CERTAIN APPLICANTS FOR AN INITIAL NONFRANCHISE AUTOMOBILE DEALER LICENSE TO COMPLETE CERTAIN PRELICENSING EDUCATION COURSES BEFORE THEY MAY BE ISSUED A LICENSE, AND TO PROVIDE THAT THE DEPARTMENT OF PUBLIC SAFETY SHALL PROMULGATE REGULATIONS TO IMPLEMENT THIS PROVISION.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Chapter 15, Title 56 of the 1976 Code is amended by adding:

"Article 4

Nonfranchise Automobile

Dealer Prelicensing

Section 56-15-410.    An applicant for an initial nonfranchise automobile dealer license must complete successfully at least eight hours of prelicensing education courses before he may be issued a license. At least one shareholder listed on the application for an initial nonfranchise automobile dealer license must comply with the education requirement contained in this section.

Section 56-15-420.    The Department of Public Safety shall promulgate regulations to implement the provisions contained in this article.

Section 56-15-430.    The provisions contained in Sections 56-15-410 and 56-15-420 do not apply to a franchised automobile dealer or a nonfranchised automobile dealer owned and operated by a franchised automobile dealer.

Section 56-15-440.    The provisions contained in Sections 56-15-410 and 56-15-420 do not apply to a nonfranchised automobile dealer whose primary business objective and substantial business activity is the rental of motor vehicles, regulated by Title 56."

SECTION    2.    Sections 56-15-410, 56-15-430, and 56-15-440, added by Section 1 of this act take effect on January 1, 2004. Section 56-15-420 added by Section 1 of this act takes effect upon approval by the Governor.

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