Establishes electronic lien and titling system for New Jersey motor vehicles.

Summary

The bill orders the New Jersey Motor Vehicle Commission to study within 60 days whether it can build an electronic system for recording and releasing vehicle lien information. If the commission has the capacity, it must launch the system within a year; if not, it must hire a qualified vendor under a no‑cost, seven‑year contract. All motor‑vehicle lienholders, except individuals and those exempted by the commission, must use the system within a year of its start‑up.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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