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A 3531

Authorizes expedited settlement conference processes for establishing child support orders

2025 Regular Session Introduced by Maritza Davila and 2 co-sponsors

Eliminates the NJ MVC title re-issuance fee after final payment on a financed vehicle, removing the lien from the title and saving borrowers time and money (immediate effect).

REFERRED TO JUDICIARY
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WeVote Research Nonpartisan
Bill Summary · A 3531

Summary: Bill A 3531

Note: The bill’s listed title in the prompt refers to expedited settlement conferences for child support, but the introduced text and provisions of A 3531 concern motor vehicle titling fees. This summary focuses on the introduced motor vehicle title provisions.

Overview

  • Bill number: A 3531
  • Introduced: February 5, 2024
  • Current status: Referred to the Judiciary Committee (as of January 28, 2025)
  • Primary sponsor: Karines Reyes
  • Cosponsors: Andrew Hevesi, Maritza Davila
  • Related bills: Companion in the Senate (S 2022; S 245 noted), prior-session A 5735

Purpose and intent

  • The bill would eliminate a fee charged by the New Jersey Motor Vehicle Commission (MVC) when a vehicle financed by a lien is paid off and the title is re-issued with the lien no longer noted.
  • Purpose: Reduce cost and administrative burden on vehicle buyers who have completed loan payments and require a clean title.

Key provisions

  • Section 1: Amendments to motor vehicle titling
    • Notwithstanding any other law, rule, or regulation, if a person purchased a motor vehicle through financing, a lien is noted on the certificate of ownership, and the person has made the final payment to satisfy the lien, the MVC shall not charge a fee to re-issue the certificate of ownership with the lien no longer noted.
  • Section 2: Effective date
    • The act shall take effect immediately.

Who is affected

  • Primary beneficiaries: Vehicle owners who financed a vehicle and have completed loan payments, resulting in removal of the lien from the title.
  • Secondary impact: The MVC’s fee revenue related to title re-issuance could be affected; administrative processes would be streamlined for customers obtaining a clean title.

Procedural and timeline aspects

  • Introduced in the Assembly on February 5, 2024.
  • Referred to Assembly Transportation and Independent Authorities Committee.
  • As of January 28, 2025, referred to Judiciary (duplicate listing appears in the actions).
  • No further passage dates are provided in the current record; action will depend on committee consideration and potential floor votes.

Potential impacts and considerations

  • Economic impact: Immediate cost savings for borrowers re-issuing titles after payoff; potential revenue reduction for the MVC related to title re-issuance fees.
  • Administrative impact: Simplifies title re-issuance workflow for pay-off scenarios.
  • Fiscal note (not provided): Could affect state revenue and require adjustments to MVC fee schedules or budgets if enacted.

Next steps

  • The Judiciary Committee will consider the bill, potentially followed by floor votes in the Assembly and Senate.
  • Stakeholders may include financed vehicle owners, lenders, and state revenue/administrative offices.

Compiled from official sources — confirm details with the bill’s official record.

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