Establishes a five-year motor vehicle registration option for motor vehicles with a model year of manufacture that is less than six years old
What changed between versions
Added new requirements for the director of revenue to retain odometer information for model year 2012 or newer vehicles with fewer than 150,000 miles on the odometer for ten years, applicable to both business and non-business vehicles under specific conditions.
Added new procedures for handling reconstructed, salvage, and specially constructed vehicles, including requirements to surrender certificates of ownership and submit documentation for major component parts.
Expanded the bill's scope by adding five additional sections (301.020, 301.190, 307.350, 307.380) to the list of repealed statutes, increasing the number of sections being replaced from two to eight.
Updated the date threshold for odometer information retention requirements from July 1, 1989 to July 1, 1990 for certain vehicle certificates of ownership.