The bill amends the Motor Vehicle Certificate of Title Act in Nebraska to broaden the scope of vehicles requiring a certificate of title. It introduces provisions for utility trailers and new categories of vehicles, such as self-propelled agricultural equipment and power unit hay grinders, effective January 1, 2026. Additionally, it mandates that all new all-terrain vehicles, minibikes, low-speed vehicles, and utility-type vehicles sold after specified dates must possess a certificate of title. The bill also updates the procedures for issuing titles, managing liens, and maintaining records, including the establishment of an electronic title and lien system for efficient processing.

Furthermore, the bill outlines new requirements for lien processes related to certain vehicles and devices, ensuring compliance with relevant sections when liens exist. It defines "device" to include utility trailers and self-propelled agricultural equipment, and it stipulates that security interests perfected under the Uniform Commercial Code remain valid until specific conditions are met. The bill mandates the surrender of titles for lien notations and provides a mechanism for security interest holders to obtain titles if owners do not comply. It also clarifies the assignment and satisfaction of security interests and repeals several original sections of the Reissue Revised Statutes of Nebraska to streamline the legal framework.

Statutes affected:
Introduced: 60-137
Final Reading: 60-101, 60-137, 60-152, 60-164, 60-166
Slip Law: 60-101, 60-137, 60-152, 60-164, 60-166