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Committee advances bill raising value threshold for disposal of stored property from $300 to $1,000
Summary
Senate Bill 433A, which would permit a self‑storage owner to dispose of personal property subject to a lien when the property’s value is $1,000 or less (up from $300), passed out of committee May 13 and will be carried to the floor by Rep. Osborne.
The House Committee on Commerce and Consumer Protection voted May 13 to advance Senate Bill 433A to the House floor with a due‑pass recommendation. Committee staff summarized the bill as permitting an owner of a self‑service storage facility to dispose of personal property subject to a lien if the owner determines the property is valued at $1,000 or less, an increase from the current $300 threshold.
Vice Chair Chai moved the bill to the floor; a roll call vote was recorded and the motion passed. Representative Osborne volunteered to carry the bill on the floor. Committee members did not raise extended debate during the work session; the bill book indicated minimal fiscal impact.
Why it matters: Raising the threshold could change the way storage operators handle liened property and affect tenants who default on rent, increasing the range of property that storage owners may dispose of without a sale process when the owner determines the value is $1,000 or less.
