This bill amends the North Dakota Century Code to provide a motor vehicle excise tax exemption for abandoned vehicles that are taken into custody by commercial towing services. Specifically, it modifies subsection 2 of section 23.1-15-07, allowing towing services to obtain a release from the Department of Transportation that grants them sufficient title to dispose of the abandoned vehicle. The new language specifies that the Department of Transportation may not assess motor vehicle excise tax on vehicles transferred under this provision, ensuring that towing services can register these vehicles free of any liens or claims.

Additionally, the bill creates a new subsection to section 57-40.3-04, which explicitly states that any motor vehicle transferred under the amended subsection 2 of section 23.1-15-07 is included in this excise tax exemption. This legislative change aims to streamline the process for commercial towing services dealing with abandoned vehicles and eliminate the financial burden of excise taxes in such cases.

Statutes affected:
INTRODUCED: 23.1-15-07
Enrollment: 23.1-15-07