MS HB451

Makes it a felony to knowingly falsify information on the affidavit form used to cancel a certificate of title for scrap motor vehicles, with penalties of $1,000-$5,000 fine and/or 1-5 years imprisonment.

Requires the Department of Revenue to develop and implement an internet-based system for electronically submitting title information by July 1, 2016.

Prohibits licensed used motor vehicle dealers and scrap metal processors from dismantling or destroying a vehicle until receiving written notification from the Department of Revenue that no liens exist on the vehicle.

Establishes a 3-business-day holding period for vehicles with no active liens and a 15-day holding period for vehicles with active liens, during which the department must notify lienholders; department may remove liens from records if no written protest is received within 15 days.

Makes it a misdemeanor to knowingly destroy or dismantle a motor vehicle with an active lien, punishable by up to $1,000 fine on first offense and up to $5,000 on subsequent offenses.