On page 4, after line 10, insert the following:
     "(d) License plate replacement is not required when a change in vehicle ownership is the result of one or more of the following circumstances:
     (i) When adding a lien holder to the certificate of title or removing a lien holder from the certificate of title;
     (ii) When a vehicle is transferred from one spouse or registered domestic partner to another;
     (iii) When removing a deceased spouse or registered domestic partner from the certificate of title;
     (iv) When a vehicle is transferred by gift or inheritance to one or more members of the registered owner's immediate family;
     (v) When a vehicle is transferred into or out of a trust in which the registered owner or one or more immediate family members of the registered owner is the beneficiary;
     (vi) When a leaseholder buys out the leased vehicle; or
     (vii) When a person changes his or her name."

     On page 5, line 26, after "transferred" insert ", except as provided in subsection (4) of this section"

     On page 6, after line 7, insert the following:
     "(4) A vehicle registration does not expire when a change in vehicle ownership is the result of one or more of the following circumstances:
     (a) When adding a lien holder to the certificate of title or removing a lien holder from the certificate of title;
     (b) When a vehicle is transferred from one spouse or registered domestic partner to another;
     (c) When removing a deceased spouse or registered domestic partner from the certificate of title;
     (d) When a vehicle is transferred by gift or inheritance to one or more members of the registered owner's immediate family;
     (e) When a vehicle is transferred into or out of a trust in which the registered owner or one or more immediate family members of the registered owner is the beneficiary;
     (f) When a leaseholder buys out the leased vehicle; or
     (g) When a person changes his or her name."