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Bill > A5669


NJ A5669

NJ A5669
Requires MVC to establish system for salvage processors to electronically process salvage certificates of title.


summary

Introduced
05/12/2021
In Committee
06/14/2021
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill requires the Chief Administrator of the New Jersey Motor Vehicle Commission to allow salvage processors to electronically submit applications for the issuance of salvage certificates of title and certificates of ownership, documentation supporting those applications, and any required fees. The bill also requires the chief administrator to allow salvage processors to print salvage certificates of title and certificates of ownership at the facility of the salvage processor.

AI Summary

This bill requires the New Jersey Motor Vehicle Commission (MVC) to allow salvage processors, whose primary business is the sale of total loss motor vehicles on behalf of insurers, to electronically submit applications for the issuance of salvage certificates of title and certificates of ownership, along with supporting documentation and any required fees. The bill also requires the MVC to establish a process for the electronic issuance of these documents, allowing salvage processors to print them at their own facilities. The purpose of this bill is to streamline the process for salvage processors to obtain the necessary paperwork for vehicles that have been declared a total loss by insurers.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (3)

Last Action

Reported and Referred to Assembly Appropriations Committee (on 06/14/2021)

bill text


bill summary

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