Relating to security for claims of lien in connection with work performed on motor vehicles; and declaring an emergency.

Specifies conditions for requiring, issuing and maintaining in effect surety bond or irrevocable letter of credit for person that creates, attaches, asserts or claims lien in connection with making, altering, repairing, transporting, storing, performing services, supplying materials or performing labor in connection with motor vehicle. Specifies persons that are exempt from requirement to maintain surety bond or irrevocable letter of credit. Becomes operative on January 1, 2022. Declares emergency, effective on passage.