2023 -- H 5758 SUBSTITUTE A ======== LC001155/SUB A ======== S TATE OF RHODE IS LAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2023 ____________ A N A C T RELATING TO MOTOR AN D OTHER VEHICLES -- CERTIFICATES OF TITLE AND SECURITY INTERESTS Introduced By: Representatives Noret, Casimiro, Vella-Wilkinson, Corvese, Alzate, Solomon, Craven, Lima, Casey, and J. Lombardi Date Introduced: February 21, 2023 Referred To: House Judiciary It is enacted by the General Assembly as follows: SECTION 1. Section 31-3.1-38 of the General Laws in Chapter 31-3.1 entitled 1 "Certificates of Title and Security Interests" is hereby amended to read as follows: 2 31-3.1-38. Effective dates -- Applicability. 3 This chapter shall apply to all model vehicles; provided, however, that designated as 2001 4 models and all subsequent model year vehicles. All all vehicles designated as model years prior to 5 2001 shall be excluded from these provisions not be required to be issued a title certificate until 6 ownership is transferred or the current owner creates a security interest in the vehicle; provided, 7 further that, nothing herein shall prohibit the issuance of a title certificate to the current owner upon 8 application and payment of a fee of fifty dollars ($50.00). 9 SECTION 2. This act shall take effect on January 1, 2024. 10 ======== LC001155/SUB A ======== LC001155/SUB A - Page 2 of 2 EXPLANATION BY THE LEGISLATIVE COUNCIL OF A N A C T RELATING TO MOTOR AN D OTHER VEHICLES -- CERTIFICATES OF TITLE AND SECURITY INTERESTS *** This act would provide that all vehicle model years prior to 2001 would not be required to 1 be issued a title certificate until ownership is transferred or the current owner creates a security 2 interest in the vehicle. 3 This act would take effect on January 1, 2024. 4 ======== LC001155/SUB A ========