HB1155 Summary

• Allows automotive repair and collision facilities to sell abandoned junk or hazardous dilapidated vehicles held for 30+ days by sending a Notice and Affidavit of Abandonment via certified mail to the owner and lienholders, with a 14-day redemption period before sale to a licensed scrap processor.

• Establishes procedures for abandoned vehicle title transfer by requiring applicants to file a copy of the Notice and Affidavit of Abandonment with the Secretary of State to obtain a certificate of title.

• Requires proceeds from the sale to first satisfy the storage lien, then pay any other recorded lienholders, with remaining funds held by the lienor for 6 months for the owner to claim.

• Specifies that if the owner fails to claim proceeds within 6 months, the lienor must deposit the remaining funds with the county treasurer for the county's general revenue fund, with the owner retaining the right to claim the proceeds within 3 years.

• Amends the Vehicle Code to provide salvage certificate procedures for abandoned vehicles sold under these new provisions, requiring the lienholder to follow junking certificate requirements.