LB784 LB784
2020 2020
LEGISLATURE OF NEBRASKA
ONE HUNDRED SIXTH LEGISLATURE
SECOND SESSION
LEGISLATIVE BILL 784
Introduced by Friesen, 34.
Read first time January 08, 2020
Committee: Transportation and Telecommunications
1 A BILL FOR AN ACT relating to the Motor Vehicle Certificate of Title Act;
2 to amend section 60-192, Revised Statutes Cumulative Supplement,
3 2018; to change provisions regarding odometer statements as
4 prescribed; and to repeal the original section.
5 Be it enacted by the people of the State of Nebraska,
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LB784 LB784
2020 2020
1 Section 1. Section 60-192, Revised Statutes Cumulative Supplement,
2 2018, is amended to read:
3 60-192 (1) The transferor of any motor vehicle described in
4 subsection (2) of this section of an age of less than ten years, which
5 was equipped with an odometer by the manufacturer, shall provide to the
6 transferee a statement, signed by the transferor, setting forth: (a) (1)
7 The mileage on the odometer at the time of transfer; and (b)(i) (2)(a) a
8 statement that, to the transferor's best knowledge, such mileage is that
9 actually driven by the motor vehicle, (ii) (b) a statement that the
10 transferor has knowledge that the mileage shown on the odometer is in
11 excess of the designated mechanical odometer limit, or (iii) (c) a
12 statement that the odometer reading does not reflect the actual mileage
13 and should not be relied upon because the transferor has knowledge that
14 the odometer reading differs from the actual mileage and that the
15 difference is greater than that caused by odometer calibration error. If
16 a discrepancy exists between the odometer reading and the actual mileage,
17 a warning notice to alert the transferee shall be included with the
18 statement. The transferor shall retain a true copy of such statement for
19 a period of five years from the date of the transaction. Beginning on the
20 implementation date designated by the director pursuant to subsection (2)
21 of section 60-1508, if motor vehicle ownership has been transferred by
22 operation of law pursuant to repossession under subdivision (2)(b)(iv) of
23 section 60-166, the mileage shall be listed as the odometer reading at
24 the time of the most recent transfer of ownership prior to the
25 repossession of the motor vehicle. The adjustment shall not be deemed a
26 violation of section 60-190.
27 (2) This section shall apply to vehicles which are not exempt from
28 requirements regarding odometer statements under 49 C.F.R. part 580 as it
29 existed on January 1, 2020.
30 Sec. 2. Original section 60-192, Revised Statutes Cumulative
31 Supplement, 2018, is repealed.
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Statutes affected:
Introduced: 60-192