Bill Sponsor
California Senate Bill 1029
Session 20252026
Vehicle lien sales: proceeds.
Active
Active
Vetoed by Governor on Sep 30, 2026
First Action
Feb 10, 2026
Latest Action
Sep 30, 2026
Origin Chamber
Senate
Type
Bill
Bill Number
1029
State
California
Session
20252026
Sponsorship by Party
Summary
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 Vehicles from honoring any claim unless the claim has been filed within 3 years of the date the funds were deposited in the Motor Vehicle Account. This bill would delete the above-described prohibition against the Department of Motor Vehicles from honoring any claim. The bill would, instead, 3 years after the date the funds were deposited in the Motor Vehicle Account, require the Department of Motor Vehicles to transfer any funds deposited in the Motor Vehicle Account to the Controller and would require the funds to be treated as escheated property. The bill would make the bill's provisions operative on January 1, 2030. Because this bill would require the balance to be treated as escheated property to the state, and thereby deposited in the Unclaimed Property Fund, which is a continuously appropriated fund, this bill would make an appropriation.
Documents (8)
09/30/2026
Senate
In Senate. Consideration of Governor's veto pending.
09/30/2026
Senate
Vetoed by the Governor.
08/28/2026
California State Legislature
Enrolled and presented to the Governor at 11 a.m.
08/24/2026
Senate
Assembly amendments concurred in. (Ayes 40. Noes 0.) Ordered to engrossing and enrolling.
08/20/2026
Senate
In Senate. Concurrence in Assembly amendments pending.
08/20/2026
Assembly
Read third time. Passed. (Ayes 76. Noes 0. Page 6304.) Ordered to the Senate.
08/17/2026
Assembly
Read second time. Ordered to third reading.
08/13/2026
Assembly
Read second time and amended. Ordered to second reading.
08/13/2026
Assembly
From committee: Do pass as amended. (Ayes 11. Noes 0.) (August 13).
08/13/2026
Assembly
Assembly Rule 63 suspended.
08/05/2026
Assembly
August 5 set for first hearing. Placed on suspense file.
06/30/2026
Assembly
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 15. Noes 0.) (June 29). Re-referred to Com. on APPR.
06/23/2026
Assembly
From committee with author's amendments. Read second time and amended. Re-referred to Com. on TRANS.
06/01/2026
Assembly
Referred to Com. on TRANS.
05/22/2026
Assembly
In Assembly. Read first time. Held at Desk.
05/22/2026
Senate
Read third time. Passed. (Ayes 33. Noes 0. Page 4418.) Ordered to the Assembly.
05/20/2026
Senate
Ordered to special consent calendar.
05/14/2026
Senate
Read second time. Ordered to third reading.
05/14/2026
Senate
From committee: Do pass. (Ayes 7. Noes 0. Page 4262.) (May 14).
05/08/2026
Senate
Set for hearing May 14.
04/27/2026
Senate
April 27 hearing: Placed on APPR. suspense file.
04/17/2026
Senate
Set for hearing April 27.
04/15/2026
Senate
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 12. Noes 0. Page 3873.) (April 14). Re-referred to Com. on APPR.
03/26/2026
Senate
Set for hearing April 14.
02/18/2026
Senate
Referred to Com. on TRANS.
02/11/2026
Senate
From printer. May be acted upon on or after March 13.
02/10/2026
Senate
Introduced. Read first time. To Com. on RLS. for assignment. To print.
Sources
Record Created
Feb 11, 2026 8:33:09 AM
Record Updated
Oct 3, 2026 9:10:15 AM