HB 1421 — modifying title exemptions for motor vehicles manufactured before the year 2000.

HB 1421-FN - AS INTRODUCEDAMENDED SESSIONBY 26-2339THE 06/08 HOUSE BILL12Feb2026... 1421-FN AN ACT modifying title exemptions for motor vehicles manufactured before the year 2000.

0445h SESSION 26-2339 06/08 HOUSE BILL 1421-FN AN ACT modifying title exemptions for motor vehicles manufactured before the year 2000.

Transportation ───────────────────────────────────────────────────────────────── AMENDED ANALYSIS This bill exempts any motor vehicle that is at least 1520 years old from the requirement to obtain a certificate of title, except for heavy trucks and truck-tractors with a gross vehicle weight over 18,000 pounds.

This exemption applies on a rolling basis as vehicles reach 1520 years of age.

This bill also allows a person who owns a title-exempt vehicle the ability to voluntarily request a title.

HB 1421-FN - AS INTRODUCEDAMENDED 26-2339BY 06/08THE STATEHOUSE OF12Feb2026... NEW HAMPSHIRE In the Year of Our Lord Two Thousand Twenty-Six AN ACT modifying title exemptions for motor vehicles manufactured before the year 2000.

0445h 26-2339 06/08 STATE OF NEW HAMPSHIRE In the Year of Our Lord Two Thousand Twenty-Six AN ACT modifying title exemptions for motor vehicles manufactured before the year 2000.

(k) Any motor vehicle whose manufacturer's model year is 15older than 20 years before[before the current year [2000],2000], except heavy trucks and truck-tractors whose gross vehicle weight exceeds 18,000 pounds.

2 EffectiveNew Date.Paragraph;

Certificate of Title;

Exempted Vehicle;

Voluntary Certificate of Title.

Amend RSA 261:3 by inserting after paragraph II the following new paragraph:

III.

For any vehicle where a certificate of title need not be obtained pursuant to this section, a person may obtain a voluntary title for such vehicle by submitting to the department a previously issued, current or expired New Hampshire certificate of registration, a valid out-of-state certificate of title, an application for a certificate of title, or a current New Hampshire vehicle identification number verification form as prescribed by the director.

For the purposes of this section, a temporary registration issued pursuant to RSA 261:57 shall not meet the requirement of a previously issued New Hampshire certificate of registration.

3 Effective Date.

LBA 26-2339 12/1/2502/18/2026 HB 1421-FN- FISCAL NOTE AS INTRODUCEDAMENDED BY THE HOUSE (AMENDMENT #2026-0445h) AN ACT modifying title exemptions for motor vehicles manufactured before the year 2000.

Estimated State Impact FY 2026 FY 2027 FY 2028 FY 2029 Up to $2,000,000$525,000 Revenue $0 Decrease $2,000,000$525,000 Per Year Decrease RestrictedRevenue -Fund(s) Highway Fund Cost of Collections - Per the state constitution, costs associated with the collection/administration of highway fund revenue by the Revenue Fund(s) Department of Safety is deducted prior to funds being credited as unrestricted highway fund revenue Up to $44,000$11,550 Up to $288,000$74,550 $288,000$74,550 Expenditures* $0 Decrease Decrease Decrease Highway Fund and Restricted - Highway Fund Cost of Collections - Per the Funding Source(s) state constitution, Funding Source(s) costs associated with the collection/administration of highway fund revenue by the Department of Safety is deducted prior to funds being credited as unrestricted highway fund revenue Appropriations* $0 $0 $0 $0 Funding Source(s) None *Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill Estimated Political Subdivision Impact FY 2026 FY 2027 FY 2028 FY 2029 Local Revenue $0 $0 $0 $0 Up to $240,000$63,000 $240,000$63,000 Decrease Decrease Local Expenditures $0 $0 $0Decrease $0Decrease METHODOLOGY:

This bill redefinesmakes the manufacturefollowing yearchanges inrelative whichto amotor vehicle willtitles: be exempt from title (except for heavy trucks and truck-tractors with a gross vehicle weight over 18,000 pounds).

Under currentChanges law,the suchcertificate of title exemption appliedthreshold tofrom vehicles with a manufacturer’s model year prior to 2000 andto older,vehicles andthat thisare billmore changesthan the20 exemptionyears toold, vehiclesthereby 15establishing yearsa orrolling older.exemption period.

In 2024,Clarifies thethat Departmentheavy oftrucks Safetyand statestruck-tractors therewith werea approximatelygross 57,000vehicle originalweight titlesrating issuedexceeding for18,000 vehiclespounds withremain asubject modelto yeartitle betweenrequirements 2000regardless andof 2010.age.

At Authorizes the currentissuance rateof voluntary certificates of $35title perfor application,vehicles thisotherwise billexempt couldfrom reducemandatory statetitling revenueand byspecifies approximatelyacceptable $1,995,000documentation perto year.obtain such title.

Therefore, thisClarifies billthat isa expectedtemporary registration issued pursuant to decreaseRSA state261:57 revenuedoes bynot approximatelyqualify $2,000,000as pera year.previously issued New Hampshire registration for purposes of obtaining a voluntary title.

The Department of Safety has identified 15,212 titles issued for vehicles (excluding heavy trucks and trick tractors over 18,000 pounds) that reached the 20-year threshold in 2025.

Therefore, this bill will reduce state title fee revenue by approximately $525,000 per year ($35 x 15,000 titles issued).

Therefore, this bill would also reduce state expenditures and local revenue, beginning in FY 2028, by approximately $240,000$63,000. per year.

In addition, the Department states that state expenditures for direct mailing titles would also decrease by approximately $44,000$11,550 per year ($0.77 per title).