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IN HB1063
Bill
Status
3/19/2018
Primary Sponsor
Holli Sullivan
Click for details
AI Summary
HEA 1063 Summary
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Establishes definitions for "automotive mobility dealer" (persons selling adapted vehicles or equipment for disabled/aged individuals) and reorganizes dealer definitions into new Indiana Code section 9-32-2-9.6, effective July 1, 2018.
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Requires dealers to maintain records of motor vehicle and watercraft sales, including finance agreements, auction receipts, title affidavits, interim plates generated in error, and rebuilt vehicle disclosures.
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Mandates dealers deliver or transmit certificates of title within 31 days of sale; allows dealers to provide affidavits if unable to deliver at time of sale, with civil penalties of $100 (first violation), $250 (second), and $500 (subsequent violations) per calendar year for non-compliance.
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Authorizes dealers to issue interim license plates valid for 45 days or until regular plates are issued, with $3 fee distributed to crossroads 2000 fund (40%), dealer compliance account (49%), and motor vehicle highway account (11%).
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Requires automotive mobility dealers to obtain endorsement from National Mobility Equipment Dealers Association's Quality Assurance Program; mandates dealer owners and managers submit to criminal background checks and disclose federal tax identification and registered retail merchant certificate numbers.
Legislative Description
Dealer services division. Requires certain definitions to be used in the dealer services law. Includes: (1) flood damage affidavits; (2) title affidavits; (3) interim plates generated in error; and (4) copies of rebuilt vehicle disclosures; as records for purposes of the dealer services law. Requires a motor vehicle or watercraft dealer to identify in a title affidavit whether a lien exists on the motor vehicle or watercraft and the date any obligation must be satisfied. Provides that a dealer may provide an interim plate when the dealer: (1) sells or leases a motor vehicle; or (2) allows a purchaser to
Last Action
Public Law 137
3/19/2018