Bill
Bill > S2588
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill prohibits the New Jersey Motor Vehicle Commission from charging a title fee to individuals who have paid off their car loans for the re-issuance of a title without a lienholder noted on it.
AI Summary
This bill, aimed at providing financial relief to New Jersey residents, prohibits the New Jersey Motor Vehicle Commission (NJMVC) from charging a fee when re-issuing a motor vehicle title after a car loan has been fully paid off. Currently, when someone finances a vehicle, a lienholder (the lender) is noted on the vehicle's certificate of ownership, commonly known as the title. Once the loan is completely paid, the lienholder is removed from the title, and a new title is issued. This legislation ensures that individuals will no longer have to pay a fee to the NJMVC for this administrative process of updating their vehicle's title to reflect the payoff of their loan.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Transportation Committee (on 01/13/2026)
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/2026/S2588 |
| BillText | https://pub.njleg.gov/Bills/2026/S3000/2588_I1.HTM |
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