House Bill No. 2111 amends the Oklahoma Vehicle License and Registration Act by clarifying definitions related to various vehicle types, such as "salvage vehicle," "rebuilt vehicle," and "junked vehicle." It updates the requirements for obtaining a certificate of title, particularly emphasizing the need for a declaration of any damage or theft for vehicles within the last seven model years. The bill introduces new security features for certificates of title and outlines the process for issuing titles for vehicles not originally manufactured for sale in the United States. Additionally, it deletes the reference to the Oklahoma Tax Commission Reimbursement Fund, shifting the deposit of certain fees to the Service Oklahoma Reimbursement Fund starting January 1, 2023, and sets the charge for each certificate of title at $11.

The bill also modifies vehicle inspection and title issuance laws by exempting vehicle rental or leasing establishments from inspection requirements, provided they pay the necessary fees. It specifies the distribution of the four-dollar inspection fee between the licensed operator and the Service Oklahoma Reimbursement Fund, with changes effective January 1, 2023. Furthermore, it allows for out-of-state inspections by authorized personnel and establishes procedures for the cancellation of vehicle titles for those deemed incapable of operation or with no resale value. The bill mandates that vehicles sold to foreign buyers be stamped with a specific designation and outlines the responsibilities of Service Oklahoma in ownership disputes. The provisions of the bill are set to take effect on November 1, 2025.

Statutes affected:
Introduced: 47-1105
Floor (House): 47-1105
Floor (Senate): 47-1105
Engrossed: 47-1105
Enrolled (final version): 47-1105