New Hampshire 2024 Regular Session

New Hampshire House Bill HB1032

Introduced
11/27/23  
Refer
11/27/23  
Report Pass
1/25/24  
Refer
2/1/24  
Report Pass
3/26/24  
Engrossed
4/16/24  
Refer
4/16/24  

Caption

Relative to certificate of title exemptions for vehicles 20 or more years old.

Impact

If passed, this amendment would shift how vehicle ownership is documented and potentially reduce administrative work for both the state and vehicle owners. While modern vehicles require a title to verify ownership and track liens, older models might not have the same necessity. The bill could lead to a decrease in title-related fees and procedural delays, ultimately making it more appealing for individuals to maintain, restore, or purchase vintage vehicles.

Summary

House Bill 1032 (HB1032) seeks to amend New Hampshire state law concerning the requirements for vehicle titles by exempting motor vehicles that are 20 or more years old from the necessity of obtaining a certificate of title. This law is intended to simplify the title process for vintage vehicle owners, particularly those who may own classic cars manufactured prior to the year 2000. By eliminating this requirement, the bill aims to make it easier for collectors and enthusiasts to register and operate their older vehicles without the burden of additional paperwork.

Sentiment

The sentiment surrounding HB1032 appears to be favorable among classic car enthusiasts and collectors, who view the exemption as a significant benefit. The sentiments from registrations suggest that supporters appreciate reduced barriers to ownership and the preservation of older vehicles. However, some concerns may arise regarding the implications for theft prevention and future ownership disputes, as vehicles without titles can be harder to track in cases of ownership disputes.

Contention

Notably, the discussions may highlight concerns from various factions regarding the possible implications this change could have on vehicle insurance and regulation. Critics might argue that without titles, it becomes challenging to establish clear ownership, which could lead to complications in accidents and theft. The bill's exemption may also raise questions about how such vehicles will be valued in the insurance landscape, posing challenges to insurers and policyholders alike.

Companion Bills

No companion bills found.

Previously Filed As

NH SB191

Relative to road toll registration surcharges for electric vehicles.

NH HB388

Relative to number plates for motor vehicles.

NH SB215

Relative to nursing certification requirements.

NH SB150

Relative to the family mediator certification board.

NH HB456

Relative to collecting road tolls on the output of separately metered electric vehicle chargers.

NH HB594

Relative to the licensure of out-of-state applicants to boards or commissions organized under the office of professional licensure and certification.

NH HB650

Relative to prohibiting suspension of driver's licenses due to nonpayment of fines or fees.

NH HB646

Eliminating the vehicle inspection mandate for non-commercial vehicles.

NH HB374

Relative to the application process for driver's licenses and the privacy of motor vehicle records.

NH HB192

Relative to the rate and exemptions of the interest and dividends tax.

Similar Bills

No similar bills found.