Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Property And Liens topic
No spam. Unsubscribe anytime.
Committee adopts amendment raising self-storage lien threshold from $300 to $1,000; bill moved to Senate floor
Summary
Senate Bill 433's dash-7 amendment, which increases the valuation threshold that allows a self-storage owner to dispose of liened property without auction from $300 to $1,000, was adopted and the committee sent the bill to the floor with a due-pass recommendation.
Get email alerts on the Property And Liens topic
No spam. Unsubscribe anytime.
Senate Bill 433 was considered in a work session April 3; the committee ultimately adopted the dash-7 amendment and moved the bill to the Senate floor with a due pass recommendation.
Under the dash-7 amendment, an owner of a self-service storage facility may dispose of personal property subject to a lien created by the occupant’s default if the owner determines the property is valued at $1,000 or less. The amendment replaces the measure and raises the existing statutory threshold of $300 to $1,000; it makes conforming changes and does not alter the current newspaper posting requirements for sale/auction notices. The fiscal analysis posted on OLIS listed no revenue impact and a minimal fiscal impact.
Committee discussion included industry representatives and parties who previously submitted letters. Matt Marquis testified for the Self Storage Association, describing the amendment as a move away from online-only posting and noting the $300 threshold had not been updated for a long time. Several senators asked for more time to confirm stakeholder agreement; a motion to adopt the dash‑7 amendment was initially withdrawn to allow follow-up, but committee members later adopted the amendment and passed the bill to the floor with a due-pass recommendation. Senators Anderson and Pruzanski will carry the bill to the Senate floor.
Ending: The committee adopted the amendment and forwarded SB 433 as amended to the Senate floor with a due-pass recommendation; members asked sponsors to continue stakeholder outreach ahead of floor action.
