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SB 1029·CA·senate

Vehicle lien sales: proceeds.

VetoedFiled Feb 10, 2026
Sponsor: Kelly Seyarto (R)
Latest Action

In Senate. Consideration of Governor's veto pending.

Sep 30, 2026

Summary

The bill amends the rules for vehicle lien sales by capping processing fees, setting deadlines for sending any remaining sale proceeds to the DMV, and obligating the DMV to mail certified notice to owners and known claimants about those funds and the claim process. It also limits claim filings to three years after the funds are deposited. The changes aim to improve transparency and allow rightful parties to recover surplus money.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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