California legislation · 2025-2026 Regular Session
California SB1029: Vehicle lien sales: proceeds.
Status: Vetoed, September 30, 2026
What the bill says
An act to amend, repeal, and add Section 3073 of the Civil Code, relating to liens, and making an appropriation therefor. liens, and making an appropriation therefor 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…
From the enrolled text, August 25, 2026:
An act to amend, repeal, and add Section 3073 of the Civil Code, relating to liens, and making an appropriation therefor. liens, and making an appropriation therefor 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 …
Sponsors
- Kelly Seyarto (R, SD32) · primary sponsor