HB 284 KY Became Law
AN ACT relating to motor vehicles.
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Summary
Create a new section of KRS Chapter 186A to define "approved entity," "cabinet," "electronic title application and registration system," "fleet," and "title lien statement"; create a new section of KRS Chapter 186A to require the Transportation Cabinet to establish an electronic title application and registration system that allows submission of required forms and fees electronically; allow approved entities to access the system to facilitate title transfers, fleet registrations, and permanent fleet registrations; set application fees for approved entities at $150; require annual fees for approved entities; require the cabinet to contract with third party providers to provide software and network systems to facilitate transaction; allow agreements with third party providers to include a transaction fee that may be charged to vehicle buyers; require explicit buyer notification of fee; require the cabinet to promulgate administrative regulations to set forth qualifications of approved entities and procedures for the system; repeal and reenact KRS 186A.195 to set forth procedures for the filing of title lien statements and the distribution of fees; amend KRS 186.045 to establish procedures for filing lien terminations on security interest perfected after the effective date of this Act; create a new section of KRS Chapter 281 to allow U-Drive-It certificate holders who become approved entities to use the electronic titling and registration system to apply for annual renewal of registration on their fleet or to pay the required fees and taxes to maintain permanent registration on their fleet; create a new section of KRS Chapter 186A to require the cabinet to establish procedures by which the owner of fleet vehicles may be issued permanent registration fleet plates; set forth requirement for vehicles, specifications of fleet plates; provide exemptions for fleet vehicles used as rental cars; set forth fees and penalties for failure to pay taxes and registration fees and failure to provide annual reconciliations to the cabinet; amend various sections of KRS Chapters 186 and 186A to conform; EFFECTIVE January 1, 2024.
Sponsors (3)
- M. Meredith Republican · primary
- D. Lewis Republican · primary
- S. Santoro · primary
Action history (27)
- Jan 13, 2022 introduced in House · lower
- Jan 13, 2022 to Committee on Committees (H) · lower
- Jan 21, 2022 to Transportation (H) · lower
- Jan 25, 2022 reported favorably, 1st reading, to Calendar with Committee Substitute · lower
- Jan 26, 2022 2nd reading, to Rules · lower
- Jan 26, 2022 posted for passage in the Regular Orders of the Day for Thursday, January 27, 2022 · lower
- Jan 27, 2022 floor amendment (1) filed to Committee Substitute · lower
- Jan 28, 2022 3rd reading, passed 88-0 with Committee Substitute (1) and Floor Amendment (1) · lower
- Jan 31, 2022 received in Senate · upper
- Jan 31, 2022 to Committee on Committees (S) · upper
- Feb 1, 2022 to Transportation (S) · upper
- Mar 2, 2022 reported favorably, 1st reading, to Calendar with Committee Substitute (1) · lower
- Mar 3, 2022 2nd reading, to Rules · lower
- Mar 3, 2022 posted for passage in the Regular Orders of the Day for Monday, March 07, 2022 · lower
- Mar 7, 2022 passed over and retained in the Orders of the Day · lower
- Mar 8, 2022 3rd reading, passed 34-0 with Committee Substitute (1) · lower
- Mar 8, 2022 received in House · lower
- Mar 8, 2022 to Rules (H) · lower
- Mar 9, 2022 taken from Rules (H) · lower
- Mar 9, 2022 posted for passage for concurrence in Senate Committee Substitute (1) · lower
- Mar 10, 2022 posted for passage for concurrence in Senate · upper
- Mar 10, 2022 House concurred in Senate Committee Substitute (1) · lower
- Mar 10, 2022 passed 95-0 · lower
- Mar 11, 2022 enrolled, signed by Speaker of the House · lower
- Mar 11, 2022 enrolled, signed by President of the Senate · upper
- Mar 11, 2022 delivered to Governor · lower
- Mar 17, 2022 signed by Governor (Acts Ch. 18) · lower
Text versions (3)
Full text
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