STATEHOUSE (March 15, 2017) – The House Committee on Roads and Transportation voted in support of a bill co-sponsored by State Rep. Jack Jordan (R-Bremen) that would change the titling requirements for specialty-built vehicles.
Jordan said these kinds of cars are built to resemble the body of a different car that was produced at least 25 years ago, like the 1955 Porsche 550 Spyder or the 1965 Shelby Cobra. Replica vehicles are either home-built by individuals using kits, or through low-volume manufacturers with new, used or a combination of both kinds of parts.
Under current law, these vehicles are given a reconstructed vehicles title. However, this title is equated to a salvaged title in other states. This bill would create a new title for specialty constructed vehicles.
“This titling issue causes major problems not just for automotive enthusiasts, but for the replica vehicle business in Indiana,” Jordan said. “Out-of-state customers who want to purchase specialty made cars from Hoosier businesses are hesitant because transferring the Indiana title will leave them with a salvage title in their home state. This bill aims to stimulate economic opportunities for Indiana car enthusiasts.”
A summer study committee would work with the Bureau of Motor Vehicles to examine the effects of similar legislation in 23 other states.
State Rep. Jack Jordan (R-Bremen) represents House District 17, which
includes all of Marshall County and a large portion of Fulton County.
A high-resolution photo of Jordan can be downloaded by clicking here.