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VA SB562
Bill
AI Summary
- Creates an exemption from the Department of Motor Vehicles examination requirement for rebuilt salvage vehicles if the rebuilder has been licensed for at least 10 years with no penalties, the vehicle is at least 10 years old (but not an antique), and the resale value is less than $10,000
- Rebuilders who sell vehicles without the DMV examination under the new exemption must maintain all required records for rebuilt vehicles and make them available for inspection by the Department or law enforcement upon request
- Retains the existing $125 per-vehicle DMV examination for rebuilt salvage vehicles that do not qualify for the exemption, including verification of vehicle identification numbers, odometer readings, parts documentation, and engine or transmission components
- Amends §46.2-1605 of the Code of Virginia, which governs the process for titling and branding salvage vehicles that have been rebuilt for highway use
Legislative Description
Rebuilt vehicles; issuance of title.
Last Action
Governor: Acts of Assembly Chapter text (CHAP0867)
4/8/2020
Committee Referrals
Transportation: Motor Vehicles2/11/2020
Transportation1/7/2020
Full Bill Text
No bill text available