Bill No.:                     HB0150                                 Drafter:  LGC

LSO No.:                   13LSO-0510                         Effective Date:  7/1/2013

Enrolled Act No.:    HEA0054

Chapter No.:            CH0163

Prime Sponsor:       Representative Zwonitzer, Dv.

Catch Title:              Bonds for certificates of title.

Subject:                     Bonding for certificates of title for           motor vehicles.

Summary/Major Elements:

· Under current law a person may apply for a duplicate certificate of title by submitting various forms of evidence of ownership, including a bond if the vehicle is valued at more than $600.

· This act increases the value of a vehicle requiring a bond for issuance of a duplicate certificate of title to $2,500.