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MS SB2287
Bill
AI Summary
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Exempts owners and purchasers of vehicles with a model year of 1969 or earlier, or vehicles that have not been issued a license tag or decal in the last two years, from the requirement to deliver the certificate of title to the Department of Revenue for cancellation when scrapping, dismantling, or destroying the vehicle.
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Allows owners without proper title documentation to sign a statement transferring such vehicles only to licensed used motor vehicle parts dealers or scrap metal processors, with the statement including vehicle description, owner information, and certifications that the vehicle has no outstanding liens.
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Requires used motor vehicle parts dealers and scrap metal processors to report all vehicles purchased for scrap or parts to the National Motor Vehicle Title Information System within specified timeframes and to maintain records for two years.
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Establishes criminal penalties for falsifying information on the required statement: misdemeanor for first offense (up to $1,000 fine or 6 months imprisonment) and felony for subsequent offenses (1-5 years imprisonment and $1,000-$5,000 fine).
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Imposes civil penalties of up to $1,000 per violation for failure to deliver titles or statements timely, with half the penalties going to the Department of Revenue's Title Bureau and half to the applicable municipal or county general fund.
Legislative Description
Motor vehicle; titles of scrapped vehicle don't have to be cancelled if model year is 1969 or earlier or no tag has been issued in 2 years.
Last Action
Died In Committee
3/3/2015