The proposed bill would amend current statutes regarding vehicle titles in Arizona, specifically sections 28-2053 and 28-2056. It would allow the Arizona Department of Transportation (ADOT) to issue a vehicle certificate of title pending registration for vehicles purchased out of state under certain conditions. These conditions include that the vehicle must be sold to a state resident by an out-of-state dealer, and if applicable, a lien or encumbrance must be filed on the vehicle by the dealer or a finance company. Additionally, the bill mandates that residents must complete the registration of such vehicles once a certificate of title is issued.

Furthermore, the bill modifies the process for collecting vehicle use taxes. It allows registering officers to process applications for title or registration without collecting the use tax upfront, provided that the taxes are collected at the time of registering the vehicle. The bill also requires the Arizona Department of Revenue to assist ADOT in calculating the necessary vehicle use taxes. Overall, these changes aim to streamline the process for residents purchasing vehicles from out-of-state dealers while ensuring compliance with tax regulations.

Statutes affected:
Introduced Version: 28-2053
Senate Engrossed Version: 28-2053, 28-2056, 28-2061