Loading chat...
IN SB0626
Bill
Status
1/15/2019
Primary Sponsor
Victoria Spartz
Click for details
AI Summary
-
Indiana Bureau of Motor Vehicles may issue salvage titles to vehicles designated as "JUNK," "DISMANTLED," "SCRAP," or "DESTROYED" in another state or jurisdiction, which was previously prohibited
-
Applicants must surrender the out-of-state title, submit two photographs showing vehicle damage, and provide two repair estimates proving costs do not exceed 70% of fair market value before the designation
-
Salvage titles issued under this provision must be marked "JUNK - SALVAGE TITLE" and rebuilt titles must bear "JUNK - REBUILT VEHICLE" or "JUNK - REBUILT FLOOD DAMAGED VEHICLE"
-
Effective date: July 1, 2019
Legislative Description
Certificates of title. Provides that the bureau of motor vehicles may issue a salvage title to a vehicle designated as "JUNK" in certain situations.
Last Action
First reading: referred to Committee on Homeland Security and Transportation
1/15/2019