An ELT program may be coming soon to the state of New Jersey.
The New Jersey Motor Vehicle Commission considered an Electronic Lien and Title (ELT) program several years ago, but decided not to proceed with a program at that time. Recently the MVC has been meeting with other states that offer ELT (including Pennsylvania and Florida), conducting surveys of key stakeholders (64% of NJ lienholders already participate in an ELT program), and evaluating key requirements for a successful program.
The legislature is also considering requiring the NJ MVC to implement an ELT program and require participation. NJ SB 1853 and AB 3129 is still pending legislation.
Updated information can be found at www.NJELT.com.
Image above is cropped from a 1930s postcard entitled Scenic roadway along the Garden State Parkway of New Jersey in Cape May County posted by Boston Public Library.