Introduced
by
To revise process for updating vehicle loan “security interests” on vehicle titles, so as to accommodate the process proposed by Senate Bill 918 for replacing the current paper-based system with an all-electronic one. Among other things the bill would eliminate a requirement that the Secretary of State must issue a title to the owner of a vehicle, if the title were subject to a security interest (loan).
Referred to the Committee on Transportation
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the Senate 36 to 0 (details)
Referred to the Committee on Transportation and Infrastructure
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 108 to 0 (details)
To revise process for updating vehicle loan “security interests” on vehicle titles, so as to accommodate the process proposed by Senate Bill 918 for replacing the current paper-based system with an all-electronic one. Among other things the bill would eliminate a requirement that the Secretary of State must issue a title to the owner of a vehicle, if the title were subject to a security interest (loan).
