Bill > HB1189

This bill proposes several modifications to motor vehicle registration and titling regulations in Colorado. The bill allows vehicle owners to select their registration expiration month during initial registration or renewal, limited to one selection within twelve months. It introduces an annual inflation adjustment for the $4 fee authorized agents retain for processing vehicle registrations, with a cap of 5% per year and using the Denver-Aurora-Lakewood Consumer Price Index. The bill also updates requirements for vehicle titles, particularly for salvage and rebuilt vehicles, mandating more detailed disclosure about a vehicle's salvage history on its title. For rebuilt vehicles, especially those with historical or collector value, the bill establishes new guidelines for obtaining a rebuilder's title, including requirements like the vehicle being at least 25 years old and having a rolling chassis. Additionally, the bill modifies how authorized agents can collect shipping and handling fees for motor vehicle documents and license plates, requiring annual fee calculations and publication. The legislation is set to take effect on July 1, 2027, subject to potential referendum, and will apply to titles issued and fees incurred on or after that date.