IL HR0826

Illinois legislation from 2000 authorized implementation of a statewide electronic lien and title system, which has been adopted by at least 24 states.

Electronic titles have equivalent legal validity to paper titles but exist only in a secure electronic database.

Implementation would streamline record handling for lenders, dealerships, the Secretary of State's office, and other state departments while reducing costs associated with handling, storage, and mailing of paper titles.

Electronic systems would improve accuracy, security, and timeliness through electronic data exchange and expedite lien releases for vehicle purchasers and sellers.

House Resolution 826 urges the Illinois Secretary of State to implement the statewide electronic lien and title system.