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NJ S2629
NJ S2629Requires MVC to establish system for salvage processors to electronically process salvage certificates of title.
summary
Introduced
05/16/2022
05/16/2022
In Committee
12/01/2022
12/01/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 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 Chief Administrator of the New Jersey Motor Vehicle Commission 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 required fees. The bill also requires the Chief Administrator to establish a process for the electronic issuance of these certificates, which allows the salvage processor to print them at their own facility. Additionally, the bill provides specific requirements and procedures for insurers to obtain certificates of ownership or salvage certificates of title when the original owner fails to surrender the certificate within 30 days of a total loss claim settlement.
Committee Categories
Budget and Finance, Transportation and Infrastructure
Sponsors (1)
Last Action
Referred to Senate Budget and Appropriations Committee (on 12/01/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S2629 |
| Analysis - Statement STR 12/1/22 | https://pub.njleg.gov/Bills/2022/S3000/2629_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S3000/2629_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/S3000/2629_I1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S3000/2629_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S3000/2629_I1.PDF |
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