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NJ S2588

Bill

Official Source

Status

Introduced

1/13/2026

Primary Sponsor

Vin Gopal

Click for details

Origin

Senate

2026-2027 Regular Session

AI Summary

  • Eliminates the fee charged by the New Jersey Motor Vehicle Commission to re-issue a certificate of ownership (title) after a vehicle loan is paid off
  • Applies when a lien was noted on the original title due to financing and the owner has made final payment to satisfy that lien
  • Requires the commission to issue a new title without the lienholder notation at no cost to the vehicle owner
  • Takes effect immediately upon enactment
  • Sponsored by Senator Vin Gopal (District 11, Monmouth) and pre-filed for introduction in the 2026 legislative session

Legislative Description

Eliminates fee for re-issuance of motor vehicle title following loan payoff.

Transportation

Last Action

Introduced in the Senate, Referred to Senate Transportation Committee

1/13/2026

Committee Referrals

Transportation1/13/2026

Full Bill Text

No bill text available