Req. No. 393 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 58th Legislature (2021) SENATE BILL 998 By: Standridge AS INTRODUCED An Act relating to the Oklahoma Vehicle License and Registration Act; requiring the Oklahoma Tax Commission to implement a program fo r electronic certificates of title and associated liens; requiring designation of a vendor; providing date to establish program; requiring the Commission to promulg ate rules; requiring certain program procedures; adding definitions; requiring certain elect ronic documents and signatures be considered valid; requiring certain reports of transaction or recording to be c onsidered admissible evidence; providing for codification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STAT E OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 1105A of Title 47, unless there is created a duplication in numb ering, reads as follows: A. On or before July 1, 2022, the Ok lahoma Tax Commission shall implement a program which will permit the electronic f iling, storage and delivery of motor vehicle certificates of title and allow a lienholder to perfect, assign and release a lien on a motor vehicle in lieu of submission and m aintenance of paper documents as otherwise provided in the provisions of Section 1 101 et seq. of Req. No. 393 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Title 47 of the Oklahoma Statutes. The Tax Commission shall designate a vendor or vendors, subject to the p rovisions of the Oklahoma Central Purchasing Act, Section 85.1 et seq. of Title 74 of the Oklahoma Statutes, to provide necessary ha rdware, software and services to motor license agents who shall provide an electronic filing, storage and delivery system to be used by applicants for a certificate of title a nd for filing or releasing a lien pursu ant to the procedures prescribed by the Ok lahoma Tax Commission. The provisions of this section shall apply to applications for certificates of title and liens filed after June 30, 2022. The Tax Commission shall pro mulgate rules to implement the provi sions of this section. B. The program authoriz ed under subsection A of this section shall include, but not be limited to, procedures: 1. For the delivery of a certific ate of title, on a paper document or in an electron ic format, to the secured party having the primary perfected security interest i n a vehicle in lieu of delivery to the record owner, notwithstanding the provisions of Section 1101 et seq. of Title 47 of the Oklahoma Statutes. Provided, when electronic transmission of liens and lien satisfactions is used, a certificate of title need not b e issued or printed until the last lien is satisfied and a clear certificate of title is issued to the owner of the vehicle at their request; Req. No. 393 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2. Establishing qualification s for third-party service providers offering electronic lien services ; 3. Establishing reasonable fees, if necessary, to be charged by service providers or contractors for the establishment, maintenance and operation of the electronic lien title program ; 4. Providing access to the electronic certificate of title records including liens on record, for licensed motor vehicle dealers and lienholders who participate in the program notwithstanding the provisio ns of Section 1109 of Title 47 of the Oklahoma Statutes; 5. Allowing motor license a gents to participate in the electronic lien title program; and 6. For the acceptance and use of electronic or digital signatures. C. As used in this section and Section 1101 et seq. of Title 47 of the Oklahoma Stat utes: 1. “Deliver” or “delivery” means, with respect to a certificate of title or lien, either the physical delivery of a paper document or the electronic delivery of a document i n an electronic format; 2. “Electronic format” means an electronic or digital for mat or medium of any document, record or other information; an d 3. “Possess” or “possession” means, with respect to a certificate of title or lien, to hold or otherwise exercise control over a document which is in either a physical or electronic format. Req. No. 393 Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 D. Any documents created, stored or delivered under the electronic lien title progra m as provided in this section shall be considered valid including any signatures which are generated electronically or contained on a scanned copy. A written or printed report of a transaction or recording related to vehicles in an electronic format, if ce rtified as true and correct by the Oklahoma Tax Commission, shall serve as evidence of any signature acknowledgment, or information which was provided to or by the Tax Commission through electronic means, and the certification shall be admissible in any le gal proceeding as evidence of the facts state d therein. SECTION 2. This act shall become effective Nove mber 1, 2021. 58-1-393 QD 1/21/2021 8:39:36 PM