This bill raises the bond amount required for a used motor vehicle dealer license.
This bill:
AI-generated summary, not yet reviewed by Better Utah staff. Please consult the bill text.
Under current Utah law, used car dealers must obtain a surety bond — a financial guarantee that protects customers if a dealer commits fraud, fails to deliver a vehicle title, or fails to pay off liens on trade-ins — before they can be licensed. This bill would raise that required bond amount for used motor vehicle dealers from $75,000 to $200,000, while leaving bond amounts unchanged for new car dealers, special equipment dealers, motorcycle/off-highway vehicle/small trailer dealers, and body shops. The bill also makes several technical and organizational changes to the law governing these bonds, including how claims against a bond are filed and processed, when attorney fees may be awarded in bond disputes, and the process a dealer must follow if they lose their required bond, but these changes do not alter the substantive rights or protections currently available to consumers or dealers.
Introduction
Jan 22
House Rules
House Committee
House Floor Vote
Senate Rules
Senate Committee
Senate 2nd Reading
Senate 3rd Reading
Governor
IntroductionJan 22
House Rules
House Committee
House Floor Vote
Senate Rules
Senate Committee
Senate 2nd Reading
Senate 3rd Reading
Governor
This bill raises the bond amount required for a used motor vehicle dealer license.
This bill:
AI-generated summary, not yet reviewed by Better Utah staff. Please consult the bill text.
Under current Utah law, used car dealers must obtain a surety bond — a financial guarantee that protects customers if a dealer commits fraud, fails to deliver a vehicle title, or fails to pay off liens on trade-ins — before they can be licensed. This bill would raise that required bond amount for used motor vehicle dealers from $75,000 to $200,000, while leaving bond amounts unchanged for new car dealers, special equipment dealers, motorcycle/off-highway vehicle/small trailer dealers, and body shops. The bill also makes several technical and organizational changes to the law governing these bonds, including how claims against a bond are filed and processed, when attorney fees may be awarded in bond disputes, and the process a dealer must follow if they lose their required bond, but these changes do not alter the substantive rights or protections currently available to consumers or dealers.
House/ filed
House file for bills not passed
House/ strike enacting clause
Clerk of the House
House/ received fiscal note from Fiscal Analyst
House Rules Committee
LFA/ fiscal note publicly available for HB0305
Released
LFA/ fiscal note sent to sponsor for HB0305
Version Sponsor
Last updated Aug 29, 2026, 5:26 PM