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Bill

S 2106

SECURE Act

119th Congress Introduced by Angela Alsobrooks and 30 co-sponsors

Bill S 2106 modernizes vehicle title management by establishing an electronic lien and title program, benefiting owners, banks, and state agencies with faster, secure processes.

Introduced in Senate
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WeVote Research Nonpartisan
Bill Summary · S 2106

Summary of Bill S 2106

Bill Information

  • Bill Number: S 2106
  • Title: Relates to the issuance, records, and delivery of certificates of title; requires the establishment of an electronic lien and title program
  • Status: Referred to Transportation
  • Introduced: January 15, 2025
  • Classification: Bill

Purpose and Intent

Bill S 2106 aims to modernize the process of issuing, recording, and delivering certificates of title for vehicles and other property. The primary intent is to establish an electronic lien and title program, which would streamline the management of titles and liens, enhance security, and improve accessibility for stakeholders involved in the title process.

Key Provisions

  • Electronic Lien and Title Program: The bill mandates the creation of a digital system for managing liens and titles. This program is expected to:

    • Reduce paperwork and administrative burdens associated with physical title documents.
    • Enhance the accuracy and security of title records.
    • Facilitate quicker processing times for title transfers and lien releases.

  • Issuance and Delivery of Certificates: The bill outlines procedures for the issuance and delivery of certificates of title, ensuring that these processes are aligned with the new electronic system.

  • Record Keeping: It establishes standards for maintaining electronic records, which would include:

    • Requirements for data integrity and security.
    • Protocols for accessing and sharing title information among authorized entities.

Who Would Be Affected

  • Vehicle Owners: Individuals purchasing or selling vehicles would benefit from faster and more secure title transfers.
  • Financial Institutions: Banks and credit unions that issue loans secured by vehicle titles would see improved processes for lien management.
  • State Agencies: Departments responsible for vehicle registration and title issuance would experience reduced administrative burdens and enhanced operational efficiency.

Procedural Aspects

  • Current Status: As of January 15, 2025, the bill has been referred to the Transportation Committee for further consideration.
  • Related Legislation:
    • S 9554: A related bill from the prior session that may address similar issues.
    • A 4099: A companion bill in the Assembly that aligns with the objectives of S 2106.

Conclusion

Bill S 2106 represents a significant step towards modernizing the vehicle title and lien management process through the establishment of an electronic system. By improving efficiency and security, the bill aims to benefit vehicle owners, financial institutions, and state agencies alike. Further discussions and evaluations will take place as the bill progresses through the legislative process.

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

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