Reference is to the bill as introduced.
Amend the bill, as and if amended, by striking Section 12-37-2725 as contained in SECTION 1, beginning on page 1, and inserting:
/ Section 12-37-2725.
When the title to a licensed vehicle is transferred, or
the owner of the vehicle becomes a legal resident of another
state and registers the vehicle in the new state of residence,
the license plate and registration certificate may be returned
for cancellation. The license plate and registration
certificate must be delivered to the
auditor of the
county of the vehicle's registration and tax payment. A request
for cancellation must be made in writing to the auditor upon
forms approved by the Department of Motor Vehicles
Department of Motor Vehicles. Upon receipt of the license
plate and registration, the department shall cancel that license
plate and registration certificate, and may not reissue them
without proof of payment of taxes. The department shall issue a
receipt form 5051 to the transferor, showing the date the
license plate and registration were turned in to the department.
To receive a refund of property taxes paid on the vehicle, the
transferor shall provide the form 5051 receipt to the county
auditor of the county to which the vehicle taxes were paid.
The auditor, upon receipt of the license plate,
registration certificate, and the request for
cancellation form 5051 receipt, written request for
refund, and documentation proving that the vehicle was sold or
the owner moved out of state, shall order and the treasurer
shall issue a credit or refund of property
taxes paid by the transferor on the vehicle. The amount of the
refund or credit is that proportion of the tax
paid that is equal to that proportion of the complete months
remaining in that the vehicle tax year
for which the vehicle was registered, calculated from the
date the license plate was canceled, as shown on the form 5051
receipt. The auditor, within five days thereafter,
shall deliver the license plate, registration certificate, and
the written request for cancellation to the Department of Motor
Vehicles. Upon receipt, the Department of Motor Vehicles
shall cancel the license plate and registration certificate and
may not reissue the same. /
Renumber sections to conform.
Amend title to conform.