A BILL TO BE ENTITLED AN ACT TO (1) AUTHORIZE THE DIVISION OF MOTOR VEHICLES TO CONVERT PAPER TITLES TO ELECTRONIC TITLES AND TO CHARGE A FEE FOR EACH CONVERSION; AND (2) TO EXCLUDE FEDERAL LANDS ACCESS PROGRAM FUNDS FROM THE STRATEGIC TRANSPORTATION INVESTMENTS ACT FORMULA, AS RECOMMENDED BY THE JOINT LEGISLATIVE TRANSPORTATION OVERSIGHT COMMITTEE.
Enacts new GS 20-58.4A(l), providing that the Division of Motor Vehicles (DMV) can convert an existing paper title to an electronic lien when requested by the primary lienholder. Authorizes the DMV to collect fee not to exceed $3 for each conversion.
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