Requires MVC to establish system for salvage processors to electronically process salvage certificates of title.

This bill requires New Jersey's Motor Vehicle Commission (MVC) to create an electronic system for salvage processors to handle salvage certificates of title. It directly affects insurers, salvage processors, and vehicle owners involved in total loss claims where the owner fails to surrender a title within 30 days. Key provisions include mandating insurers to provide 30-day notice to owners and lienholders before applying for a salvage title, requiring electronic submission of proof (like claim payment and notice), and establishing clear steps for the MVC to issue titles in the insurer's name. The bill streamlines the current paper-based process by requiring an electronic system, reducing delays in title transfers for totaled vehicles.