Vehicle buyers and dealers would have 20 calendar days after a sale to file transfer paperwork, while dealers would follow separate rules for some payments.
People required to file vehicle transfer paperwork would have 20 calendar days after a sale to submit it with the required taxes and fees. Missing the deadline would be a misdemeanor.
Dealers would have 20 calendar days after a sale to file title and registration paperwork and required payments. Exceptions cover out-of-state customers, prorated taxes, and some registration taxes.
An insurer that obtains a vehicle title through payment of damages would have 20 calendar days to notify the department.
A dealer selling a salvage vehicle to a buyer who plans to take it out of Minnesota would have 20 calendar days to report the sale.
A person who must submit vehicle registration or transfer paperwork and payments would have 20 calendar days after the sale to do so. This applies to a person required to send the registration or transfer application, taxes, and fees to the motor vehicle registrar. The 20-day period starts on the date of sale.
A motor vehicle dealer would have to complete and submit a title and registration application, along with required taxes and fees, to the commissioner. This applies to motor vehicle dealers and vehicle sales, subject to the stated exceptions. A dealer must keep an itemized receipt showing the taxes and fees paid and make it available for inspection for three years. A dealer need not complete or submit the application, taxes, or fees when the purchaser is not a Minnesota customer. If the purchaser provides a prorate account number, the dealer must file the title application but need not collect or submit excise or registration tax. A dealer need not collect or submit registration tax if the vehicle is already registered in Minnesota or needs an emissions inspection before registration. The filing deadline is 20 calendar days after the sale. Dealers must keep the itemized receipt for three years after the sale.
An insurer would have to notify the department within 20 calendar days after obtaining a vehicle title through payment of damages. This applies to an insurer that obtains a vehicle title through payment of damages. The 20-day period starts when the insurer obtains the title.
A dealer would have to report a salvage vehicle sale to the department within 20 calendar days. This applies to a dealer selling a salvage vehicle to a buyer who intends to take it out of Minnesota. The reporting duty applies when the buyer intends to remove the salvage vehicle from Minnesota. The 20-day period starts on the sale date.
No hearings or votes scheduled.