HB 1157-S - DIGEST

(SUBSTITUTED FOR - SEE 2ND SUB)

     Directs the department to conduct a study to determine the feasibility and impact of the following:  (1) Extending the current definition of a salvage vehicle to apply to vehicles having a model year designation of a calendar year that is at least twenty-five years before the calendar year in which the vehicle was wrecked, destroyed, or damaged; and

     (2) Disclosing on a vehicle's certificate of ownership and certificate of license registration that the vehicle was rebuilt after becoming a salvage vehicle.

     Requires the department to submit a report to the transportation committees of the house and senate by December 1, 2001, which must include recommendations on the required age a vehicle should be to be included in the definition of a salvage vehicle.