TRANSFER OF TITLE H.B. 6187: FLOOR ANALYSIS
House Bill 6187 (as reported without amendment)
Sponsor: Representative David Palsrok
House Committee: Transportation
Senate Committee: Transportation
CONTENT
The bill would amend the Michigan Vehicle Code to revise a provision related to the effective date of the transfer of title of a motor vehicle. Currently, upon the delivery of a motor vehicle and the transfer, sale, or assignment of the title or interest by a person, including a dealer, the effective date of the transfer is the date of execution of either the application for title or the assignment of the certificate of title. The bill would delete reference to the date of execution, and would refer to the date of signature on either the application for title or the assignment of the certificate of title by the purchaser, transferee, or assignee.
MCL 257.233 Legislative Analyst: Julie Cassidy
FISCAL IMPACT
The bill would have no fiscal impact on State or local government.
Date Completed: 12-13-06 Fiscal Analyst: Joe Carrasco
Analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent. hb6187/0506