This bill introduces a new chapter, CHAPTER 3.4, titled "Electronic Registration and Titling," to Title 31 of the General Laws concerning motor vehicles. It allows the division of motor vehicles to implement electronic systems for lien, titling, and registration processes, enabling business entities and financial institutions to conduct transactions electronically. The bill mandates that applications for registration certificates and titles be submitted electronically, with exceptions for business entities that submit fewer than twenty-five transactions annually. It outlines the procedures for electronic transmission of liens and lien satisfactions, stating that a certificate of title need not be issued until all liens are satisfied.

Additionally, the division may create a secure digital vehicle title system that is fully paperless and meets applicable security requirements. This secure digital title will be regarded as an official vehicle title from the State of Rhode Island and will be fully transactable within the state and all other U.S. jurisdictions. The bill also allows for a per-transaction fee for the use of electronic systems, which must be consistent with market pricing.

Furthermore, the bill amends existing laws related to vehicle transfers, allowing for written or electronic forms prescribed by the department of revenue, and specifies that mileage information must be accurately recorded. It includes provisions for electronic signatures on required forms, eliminating the need for notarization. The implementation of this electronic registration and titling system is set to take effect on July 1, 2026, while the amendments to vehicle transfer laws will take effect upon the implementation of the new electronic registration and titling system.

Statutes affected:
5458: 31-23.2-6
5458  SUB A: 31-23.2-6
5458  SUB A as amended: 31-23.2-6