SB 307
Modifies provisions relating to salvage vehicles
Sponsor:
LR Number:
1451S.01I
Last Action:
4/13/2021 - SCS Voted Do Pass S Transportation, Infrastructure and Public Safety Committee (1451S.02C)
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2021

Current Bill Summary

SCS/SB 307 - This act specifies that the definition of "salvage vehicle" shall include a vehicle that has been declared salvage by, "or acquired by", an insurance company as a result of settlement of a claim; "provided that an insurance company that obtains a salvage certificate of title may apply for an original title if permitted to do so by law". (Section 301.010(54)(c)).

This act is similar to SB 1001 (2020) and HB 2344 (2020).

ERIC VANDER WEERD

Amendments

No Amendments Found.