Bill Text: VA HB1419 | 2024 | Regular Session | Introduced
Bill Title: Electronic sales by dealers; titling.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2024-04-04 - Governor: Acts of Assembly Chapter text (CHAP0418) [HB1419 Detail]
Download: Virginia-2024-HB1419-Introduced.html
Be it enacted by the General Assembly of Virginia:
1. That §46.2-603.1 of the Code of Virginia is amended and reenacted as follows:
§46.2-603.1. Electronic titling and registration program.
A. Notwithstanding any other provision of this chapter, the
Department may shall
establish an electronic titling program for any motor vehicle. Participants in
the electronic titling program shall submit electronic applications for original motor vehicle titles
in a form and format prescribed by the Department. Participants must shall
provide all documentation or information required by the Department to process
the electronic title application, including information from a manufacturer's
certificate of origin or certificate of ownership and any information required
by the Department in accordance with §46.2-623. The records of a nationally
recognized motor vehicle title database may be searched prior to transfer of
vehicle ownership. The Department may impose a reasonable service fee in
accordance with fair market prices for the use of digital signature services as
part of this program. Such fees shall be used to defray the costs of the
transaction to the Department. Any transaction fees imposed and collected by
the Department shall be paid into the state treasury and set aside as a special
fund to be used to meet the expenses of the Department. Upon receipt of a
completed electronic application, the Department shall refrain from issuing a
certificate of title in paper form and, instead, shall create only the
electronic record of such title to be retained by the Department in its
existing electronic title record system with a notation that no certificate of
title has been printed on paper. The owner of a motor vehicle will be deemed to
have obtained and the Department will be deemed to have issued a certificate of
title when such title record has been created electronically as provided in
this section. An owner listed on a title record so created may at any time
request and the Department shall provide a paper certificate of title for the
vehicle.
B. Upon receipt of a completed electronic application, the Department shall permit the online registration of a motor vehicle by participants, and is hereby authorized to issue a temporary certificate of registration to participants. The temporary certificate of registration issued by the Department to participants shall expire when the permanent license plates have been affixed to the motor vehicle, but in no event shall any temporary certificate of registration issued under this section be effective for more than 30 days from the date of its issuance.
