HR0826LRB100 19549 ALS 34817 r


  
1
HOUSE RESOLUTION

  
 
2    WHEREAS, In 2000, legislation was passed by the Illinois 
3General Assembly to authorize the implementation of a statewide 
4electronic lien and title system; and
  
 
5    WHEREAS, At least 24 states currently utilize electronic 
6lien and title systems; and
  
 
7    WHEREAS, Electronic titles have the same legal validity as 
8paper titles, but exist only in electronic form within a secure 
9database; and
  
 
10    WHEREAS, Implementation of an electronic lien and title 
11program in Illinois would change the lien and title process for 
12lenders, dealerships, the Secretary of State's office, and 
13other state departments relying upon such records, as well as 
14Illinois residents; and
  
 
15    WHEREAS, The use of an electronic lien and title system 
16would streamline the handling of records associated with titles 
17and increase efficiencies to comport with technological 
18advances, which would assist in electronic record retention; 
19and
  
 
20    WHEREAS, An electronic lien and title system would reduce 
 
 
HR0826- 2 -LRB100 19549 ALS 34817 r

1the cost involved in the handling, storage, and mailing of 
2paper titles; and
  
 
3    WHEREAS, Improved accuracy, security, and timeliness would 
4result from the electronic exchange of data and title work; and
  
 
5    WHEREAS, Expedited lien releases will benefit Illinois 
6title holders in transacting the business of purchasing and 
7selling vehicles; therefore, be it
  
 
8    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE 
9HUNDREDTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that the 
10House of Representatives urges the Illinois Secretary of State 
11to implement a statewide electronic lien and title system.