SB 633
Allows scrap metal operators to purchase older inoperable motor vehicles or vehicle parts from such vehicles without receiving a title under certain conditions
Sponsor:
LR Number:
5036S.06P
Committee:
Last Action:
5/18/2012 - Requests to Recede or Grant Conference Calendar--SS for SCS for SB 633-Engler, with HA 1 (Senate requests House recede or grant conference)
Journal Page:
Title:
SS SCS SB 633
Calendar Position:
4
Effective Date:
August 28, 2012
House Handler:

Current Bill Summary

SS/SCS/SB 633 - This act allows a scrap metal operator to purchase an inoperable motor vehicle that is at least 10 model years old without a title provided the scrap metal operator verifies with the Department of Revenue, via the department's online record access, that the motor vehicle is not subject to any recorded security interest or lien liens exist on the motor vehicle. The scrap metal operator must also forward a copy of the seller's state identification along with a bill of sale to the Department of Revenue. The bill of sale, which must be designed by the director, shall certify that the motor vehicle is at least 10 model years old, is inoperable, is not subject to any recorded security interest or lien, and that the seller has the legal authority to sell the vehicle. Upon receipt of this information, the Department of Revenue shall cancel any certificate of title and registration for the motor vehicle. If the motor vehicle is at least 20 model years old, then the scrap metal operator is not required to verify whether the motor vehicle is subject to any recorded security interests or liens (Secton 301.227).

This act is similar to the provision contained in the truly agreed to version of HB 1150 (2012) and HB 1064 (2012).

STEPHEN WITTE

Amendments