85R7920 JAM-F     By: Perry S.B. No. 1062       A BILL TO BE ENTITLED   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 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 C.F.R. Part 580 [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   sale of a motor vehicle that is exempt from odometer disclosure   requirements under 49 C.F.R. Section 580.17 [:                [(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].          SECTION 2.  Subchapter D, Chapter 501, Transportation Code,   is amended by adding Section 501.077 to read as follows:          Sec. 501.077.  ELECTRONIC FORMS; VERIFICATION. (a) The   department shall provide in electronic format and 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.          (b)  This section does not require the department to certify   an electronic signature process or an electronic signature vendor   before accepting a form described by Subsection (a) that is   executed with an electronic signature.          SECTION 3.  This Act takes effect September 1, 2017.