November 9, 2023 - Introduced by Senators Quinn, Ballweg and Wanggaard, cosponsored by Representatives Callahan, Armstrong, Behnke, Bodden, Dittrich, Doyle, Edming, Moses, Rozar, Schmidt and Jacobson. Referred to Committee on Transportation and Local Government.
SB654,,22An Act relating to: modifying administrative rules of the Department of Transportation relating to applications for vehicle titles by nonresident insurance carriers. SB654,,33Analysis by the Legislative Reference Bureau Under current law generally, a nonresident is prohibited from applying for a certificate of title for a motor vehicle unless authorized by Department of Transportation administrative rules. Current DOT administrative rules permit a nonresident to apply for a certificate of title under certain circumstances, one of which is if that nonresident is an insurance company that acquires ownership of a vehicle through payment of a total loss claim. These companies may apply only for salvage vehicle certificates of title for such vehicles.
This bill provides that an insurance company headquartered and with a business address in another state in this country may also apply for a certificate of title or any other title issued by DOT for the vehicle.
SB654,,44The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: SB654,15Section 1. Trans 154.13 (2) (a) 7. of the administrative code is amended to read: SB654,,66Trans 154.13 (2) (a) 7. The nonresident is an insurance company headquartered in another state in this country with a business address located in another state in this country that acquires ownership of a vehicle titled in Wisconsin through payment of a total loss claim and the insurance company makes application for a certificate of title, a salvage vehicle certificate of title, or any other title issued by the department for the vehicle. SB654,27Section 2. Initial applicability. SB654,,88(1) This act first applies to applications that are received by the department of transportation on the effective date of this subsection.
