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NC H421
Bill
Status
3/21/2017
Primary Sponsor
Phillip Shepard
Click for details
AI Summary
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Amends G.S. 105-187.6 to limit highway use tax (HUT) exemptions for motor vehicles titled in another state at the time of transfer, except for exemptions related to certain vehicle types and charitable organizations.
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Repeals G.S. 20-52(a)(4), (5), and (6) to eliminate duplicative vehicle titling requirements.
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Replaces repealed requirements with a single requirement that vehicle title applicants provide proof of financial responsibility as required under Article 9A or Article 13 of Chapter 20.
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Removes references to G.S. 20-52(a)(4) and (a)(5) from G.S. 58-2-164(b) to eliminate duplicative insurance fraud provisions related to vehicle registration.
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Section 2 of the act becomes effective July 1, 2017, while remaining provisions take effect upon enactment.
Legislative Description
Clarify HUT & Improve Vehicle Titling Process
Last Action
Re-ref Com On Finance
4/19/2017