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Pursuant to Tenn. Code Ann. § 4-3-1306(d), you are receiving this notice because you have elected to receive notification by e-mail of certain changes or potential changes to the law applicable to your profession.
The Tennessee Motor Vehicle Commission (“Commission”) will be conducting a Rulemaking Hearing on Tuesday, October 26, 2021 at 9:00 A.M CST. in Room 1-A of the Davy Crocket Tower, 500 James Robertson Pkwy., Nashville, TN 37243. Pursuant to the Tennessee Open Meetings Act (Tenn. Code Ann. § 8-44-101, et seq.), the above-referenced hearing is open to the public. If you have any comments regarding the rules, you may either submit your written comments in advance of the Rulemaking Hearing to Maria P. Bush, Associate Counsel at (615) 741-3072, electronically at Maria.P.Bush@tn.gov, or appear at the rulemaking hearing to make your comments on the record.
This rule amendment adds language to the definition, advertising, licensee fee, and auction requirement sections of the Commission’s rules.
This amendment adds the following terms to the definitions section of the rule: “factory installed options,” “dealer installed accessories,” and “factory transportation costs.”
The price advertising section of the rule will have language added stating that advertisements for motor vehicles must include factory-installed options and dealer-installed accessories in the advertised price. Furthermore, there is a provision requiring that new motor vehicles must include the manufacturer's suggested retail price, as well as fees associated with any factory-installed options, factory transportation costs, and any dealer-installed accessories.
This rule further requires advertised prices to state that optional equipment selected by the purchaser, the cost of any additional fees described under the Commission’s statute including any dealer-imposed fee, and state and local taxes, tags, registration, and title fees are not included in the advertised price.
This rule amendment will add language in the license fees section stating that dealership licensees are subject to a re-inspection fee amounting to the cost incurred by the Commission from the re-inspection. The fee assessed will not exceed four-hundred dollars ($400). This provision will apply in instances where the licensee’s action or inaction requires an inspector to be sent to the dealership location more than once. An example of such is in the instance where an annual inspection is scheduled with the licensee, however, the licensee fails to show for the inspection, thus requiring the inspector to reschedule and travel back to the dealership at a later date.
Finally, this amendment requires automobile auction licensees to have an auto auction license from the Motor Vehicle Commission and a principal auctioneer license from the Tennessee Auctioneer Commission. This provision is due to recent changes in the auctioneer statutory scheme.
A copy of the rules to be considered at the rulemaking hearing can be viewed online at:
https://publications.tnsosfiles.com/rules_filings/09-03-21.pdf
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