Allows certain motor vehicle franchisors to sell, lease, or assign vehicles to employees.

This bill allows motor vehicle franchisors (companies that distribute new vehicles) to sell, lease, or assign vehicles to their employees without needing a standard dealership license. It creates a special "M" license that permits franchisors to sell vehicles to employees or for promotional, testing, marketing, or product familiarity purposes (with a limit of 50 total vehicles), while requiring proof of employment to be kept on file for four years. The bill specifies that this license does not authorize retail sales to the general public, and vehicles sold to employees or used for promotional purposes can receive standard license plates. Franchisors using this special license are not required to maintain a physical storefront with display space for vehicles, as would be required for regular dealerships.