This bill proposes amendments to the North Dakota Century Code regarding the excise tax on abandoned motor vehicles. It specifically amends subsection 2 of section 23.1-15-07 to state that if a commercial towing service takes custody of an abandoned vehicle that is not reclaimed, they can obtain a release from the Department of Transportation. This release allows the towing service to register the vehicle and receive a certificate of title free of all liens and claims. Notably, the bill includes a provision that the Department of Transportation may not assess motor vehicle excise tax on vehicles transferred under this subsection.

Additionally, the bill creates a new subsection to section 57-40.3-04, which clarifies that any motor vehicle transferred under the amended subsection 2 of section 23.1-15-07 is exempt from the motor vehicle excise tax. This legislative change aims to streamline the process for commercial towing services dealing with abandoned vehicles and eliminate the financial burden of excise tax in these situations.

Statutes affected:
INTRODUCED: 23.1-15-07