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MO HB724
Bill
Status
1/28/2015
Primary Sponsor
Jeremy LaFaver
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AI Summary
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Repeals the provision that allowed scrap metal operators to purchase inoperable motor vehicles (or parts) at least 10 model years old without obtaining the original certificate of title, salvage certificate, or junking certificate from the seller
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Eliminates the exemption that permitted scrap metal operators to skip lien verification with the Department of Revenue for inoperable vehicles at least 20 model years old
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Restores the requirement that scrap metal operators must receive proper title documentation at the time of acquisition for all motor vehicles and parts, unless the seller is a licensed salvage dealer under sections 301.219 to 301.221
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Removes the alternative bill of sale process that previously allowed scrap metal operators to submit seller identification and a bill of sale instead of forwarding certificates of title for older inoperable vehicles
Legislative Description
Repeals the provisions allowing a scrap metal operator to purchase or acquire parts or inoperable motor vehicles that are at least 10 model years old without the original or salvage title or junking certificate
Last Action
Public Hearing Completed (H)
4/8/2015