Bill Text: NH HB1044 | 2024 | Regular Session | Introduced
Bill Title: Relative to the non-mandatory issuance of certificates of title for certain vehicles.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2024-02-08 - Inexpedient to Legislate: Motion Adopted Voice Vote 02/08/2024 House Journal 4 P. 13 [HB1044 Detail]
Download: New_Hampshire-2024-HB1044-Introduced.html
HB 1044-FN - AS INTRODUCED
2024 SESSION
24-2506
11/05
HOUSE BILL 1044-FN
AN ACT relative to the non-mandatory issuance of certificates of title for certain vehicles.
SPONSORS: Rep. Post, Hills. 42
COMMITTEE: Transportation
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ANALYSIS
This bill allows for the non-mandatory issuance of certificates of title for certain vehicles.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
24-2506
11/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
AN ACT relative to the non-mandatory issuance of certificates of title for certain vehicles.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Paragraph; Certificate of Title; Exempted Vehicles. Amend RSA 261:3 by inserting after paragraph II the following new paragraph:
III. No certificate of title need be obtained, but may be obtained for:
(a) Trailers with gross weight of less than 3,001 pounds;
(b) Any motor vehicle whose manufacturer's model year is before the year 2000.
2 Repeal. RSA 261:3, I(j) and (k), relative to title exemptions for certain trailers and vehicles, is repealed.
3 Effective Date. This act shall take effect 60 days after its passage.
24-2506
10/25/23
HB 1044-FN- FISCAL NOTE
AS INTRODUCED
AN ACT relative to the non-mandatory issuance of certificates of title for certain vehicles.
FISCAL IMPACT: [ X ] State [ ] County [ ] Local [ ] None
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Estimated State Impact - Increase / (Decrease) | ||||||
| FY 2024 | FY 2025 | FY 2026 | FY 2027 | ||
Revenue | $0 | $0 | $0 | $0 | ||
Revenue Fund(s) | None | |||||
Expenditures | $0 | $136,000 | $138,000 | $142,000 | ||
Funding Source(s) | Restricted – Highway Fund Cost of Collections – Per the state constitution, costs associated with the collection/administration of highway fund revenue by the Department of Safety is deducted prior to funds being credited as unrestricted highway fund revenue. | |||||
Appropriations | $0 | $0 | $0 | $0 | ||
Funding Source(s) | None
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• Does this bill provide sufficient funding to cover estimated expenditures? [X] No • Does this bill authorize new positions to implement this bill? [X] No | ||||||
METHODOLOGY:
This bill allows eligible residents to apply for a certificate of title for vehicles with a manufacture year of 1999 or older, and trailers with a GVWR of 3,000 pounds or less. The Department of Safety states this would create an increase in the production of titles, in turn, contributing to an increase in processing time for titles which will cause the need for additional positions within the Title Bureau. The Department estimates it would need two (2) new title examiner positions (labor grade 12, step 3). Assuming a start date of July 1, 2024, these positions would cost $136,000 in FY 2025, $138,000 in FY 2026, and $142,000 in FY 2027.
AGENCIES CONTACTED:
Department of Safety
