modifying title exemptions for motor vehicles manufactured before the year 2000.
What changed between versions
The age threshold for the title exemption was changed from 15 years old to older than 20 years, meaning fewer vehicles qualify for the exemption and more vehicle owners must obtain titles.
A new provision (RSA 261:3, III) allows owners of title-exempt vehicles to voluntarily request a certificate of title by submitting a previously issued NH registration, valid out-of-state title, title application, or current VIN verification form. Temporary registrations under RSA 261:57 do not qualify.
Estimated state revenue loss decreased from approximately $2,000,000 per year to $525,000 per year due to the narrower exemption. Highway fund cost of collections decreased from ~$44,000 to ~$11,550, and local revenue decrease dropped from ~$240,000 to ~$63,000.
The bill's overall scope narrowed: fewer vehicles are exempt from titling (only those over 20 years old rather than 15), but a new voluntary titling pathway was added for those who are exempt but still want a title.
