05/02/2024 03:30 PM Senate STATE AFFAIRS

         HB  81-VEHICLES/BOATS: TRANSFER ON DEATH TITLE                                                                     
                                                                                                                                
3:53:15 PM                                                                                                                    
CHAIR  KAWASAKI   reconvened  the   meeting  and   announced  the                                                               
consideration  of HOUSE  BILL NO.  81,  "An Act  relating to  the                                                               
transfer of a title on the  death of the owner; and providing for                                                               
an effective date."                                                                                                             
                                                                                                                                
3:53:36 PM                                                                                                                    
CHAIR KAWASAKI solicited a motion.                                                                                              
                                                                                                                                
3:53:37 PM                                                                                                                    
SENATOR MERRICK  moved to adopt  the Senate  committee substitute                                                               
(SCS)  for  HB  81,  work   order  33-LS0366\B,  as  the  working                                                               
document.                                                                                                                       
                                                                                                                                
3:53:49 PM                                                                                                                    
CHAIR KAWASAKI objected for purposes of discussion.                                                                             
                                                                                                                                
3:54:00 PM                                                                                                                    
JOE   HAYES,  Staff,   Senator  Scott   Kawasaki,  Alaska   State                                                               
Legislature,  Juneau,   Alaska,  presented  the   explanation  of                                                               
changes from Version A to B of HB 81:                                                                                           
                                                                                                                                
[Original punctuation provided.]                                                                                                
                                                                                                                                
             HB 81 Version A to CS HB 81 Version B                                                                            
                       Summary of Changes                                                                                     
                                                                                                                                
       "An Act relating to the transfer of a title on the                                                                     
       death of the owner; and providing for an effective                                                                     
                             date."                                                                                           
                                                                                                                                
     Change:                                                                                                                  
     Page 2, line 27                                                                                                            
     Insert ", with  the names of at least one  and not more                                                                    
     than two designated beneficiaries,"                                                                                        
                                                                                                                                
     Intent:                                                                                                                  
     The intention  of the change  is to make  explicit that                                                                    
     beneficiaries  must  be  named  in order  to  obtain  a                                                                    
     transfer  on  death title  from  the  DMV. This  change                                                                    
     prevents  a  situation  in which  a  person  obtains  a                                                                    
     transfer  on  death  title without  naming  recipients,                                                                    
     therefore   making   them  vulnerable   to   unintended                                                                    
     transfer of their property.                                                                                                
                                                                                                                                
3:54:45 PM                                                                                                                    
SENATOR CLAMAN  said that this  change addresses the  concerns he                                                               
raised  at  the  last  hearing.   He  explained  that  the  title                                                               
recipient must be named prior  to leaving the Department of Motor                                                               
Vehicles (DMV). He added that any  changes must be made in person                                                               
at the DMV.                                                                                                                     
                                                                                                                                
3:55:32 PM                                                                                                                    
RYAN MCKEE,  Staff, Representative George Rauscher,  Alaska State                                                               
Legislature,  Juneau, Alaska,  said that  Representative Rauscher                                                               
is supportive of the changes contained in the SCS.                                                                              
                                                                                                                                
3:55:49 PM                                                                                                                    
CHAIR  KAWASAKI   removed  his  objection;  finding   no  further                                                               
objection, SCS HB 81 was adopted.                                                                                               
                                                                                                                                
3:55:55 PM                                                                                                                    
CHAIR KAWASAKI solicited the will of the committee.                                                                             
                                                                                                                                
3:56:11 PM                                                                                                                    
SENATOR  MERRICK  moved to  report  SCS  HB  81, work  order  33-                                                               
LS0366\B,  from  committee  with individual  recommendations  and                                                               
attached fiscal note(s).                                                                                                        
                                                                                                                                
3:56:28 PM                                                                                                                    
CHAIR  KAWASAKI  found  no  objection  and  SCS  HB  81(STA)  was                                                               
reported from the Senate State Affairs Standing Committee.