MOTOR VEHICLES: Provides with respect to electronic titles and registration for motor vehicles (OR NO IMPACT See Note)

HB 885 creates a secure digital system for Louisiana motor vehicle titles and lien records, replacing paper documents. It directly affects vehicle owners, dealers, lenders (like banks and finance companies), and the Office of Motor Vehicles by allowing fully electronic title management. Key provisions include: enabling online access to real-time title status, recognizing digital titles as legally valid statewide and nationally, requiring electronic lien recording for all new transactions, and charging $1.50 per paper-to-digital conversion (with a $3.00 fee for service providers). The bill also establishes rules for electronic signatures, secure system requirements, and exceptions for non-financial entities.