S.B. No. 1062
 
 
 
 
AN ACT
  relating to documentation for the transfer of a motor vehicle
  title.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 501.072, Transportation Code, is amended
  to read as follows:
         Sec. 501.072.  ODOMETER DISCLOSURE STATEMENT. (a)  Except
  as provided by Subsection (c), the transferor [seller] of a motor
  vehicle transferred [sold] in this state shall provide to the
  transferee [buyer, on a form prescribed by the department,] a
  [written] disclosure of the vehicle's odometer reading at the time
  of the transfer in compliance with 49 U.S.C. Section 32705 [sale.
  The form must include space for the signature and printed name of
  both the seller and buyer].
         (b)  When application for a [certificate of] title is made,
  the transferee [owner] shall record the [current] odometer reading
  on the application. The [written] disclosure required by
  Subsection (a) must accompany the application.
         (c)  An odometer disclosure statement is not required for the
  transfer [sale] of a motor vehicle that is exempt from odometer
  disclosure requirements under 49 C.F.R. Part 580[:
               [(1)     has a manufacturer's rated carrying capacity of
  more than two tons;
               [(2)  is not self-propelled;
               [(3)  is 10 or more years old;
               [(4)     is sold directly by the manufacturer to an agency
  of the United States government in conformity with contractual
  specifications; or
               [(5)  is a new motor vehicle].
         (d)  The department shall provide for use consistent with 49
  C.F.R. Part 580:
               (1)  a secure power of attorney form; and
               (2)  a secure reassignment form for licensed motor
  vehicle dealers.
         (e)  In this section, "transferee" and "transferor" have the
  meanings assigned by 49 C.F.R. Section 580.3.
         SECTION 2.  Section 501.174, Transportation Code, is amended
  by amending Subsection (b) and adding Subsections (d), (e), and (f)
  to read as follows:
         (b)  Except as otherwise provided by this section, if [If] a
  law requires that a document be signed, the requirement is
  satisfied by an electronic signature.
         (d)  The department by rule shall establish a process to
  accept electronic signatures on secure documents that have been
  electronically signed through a system not controlled by the
  department.
         (e)  A system used for submitting electronic signatures to
  the department must verify the identity of the person
  electronically signing a document and submit the document through
  the electronic titling system.
         (f)  This section does not require the department to certify
  an electronic signature process or an electronic signature vendor
  before accepting a document that is executed with an electronic
  signature.
         SECTION 3.  Not later than January 1, 2019, the Texas
  Department of Motor Vehicles shall adopt rules necessary to
  implement Section 501.174(d), Transportation Code, as added by this
  Act.
         SECTION 4.  This Act takes effect January 1, 2018.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 1062 passed the Senate on
  April 25, 2017, by the following vote:  Yeas 31, Nays 0.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 1062 passed the House on
  May 22, 2017, by the following vote:  Yeas 144, Nays 0, two
  present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor