Michigan SB0740 amends title transfer requirements for vehicle dealers, including new fees and adjustments.

Michigan SB0740 amends sections of the 1949 PA 300 to modify title transfer requirements for vehicle dealers. It introduces new fees for title transfers, including a $5 fee for transferring titles from dealers with electronic titles and a $3 fee for dealers submitting title applications. It also adjusts the fee for certificate of title applications to $10 until October 1, 2027, and adds a $1.50 tire disposal surcharge until December 31, 2027.

Michigan SB0740 amends title transfer requirements for vehicle dealers, including new fees and adjustments.

Michigan SB0740 amends sections of the 1949 PA 300 to modify title transfer requirements for vehicle dealers. It introduces new fees for title transfers, including a $5 fee for transferring titles from dealers with electronic titles and a $3 fee for dealers submitting title applications. It also adjusts the fee for certificate of title applications to $10 until October 1, 2027, and adds a $1.50 tire disposal surcharge until December 31, 2027.