CHAPTER 442

FORMERLY SENATE BILL NO. 584

AS AMENDED BY

SENATE AMENDMENT NO. 1

AND HOUSE AMENDMENT NO. 3

AN ACT TO AMEND CHAPTER 30, PART III, TITLE 30 OF THE DELAWARE CODE RELATING TO MOTOR VEHICLE DOCUMENT FEES.

Be it enacted by the General Assembly of the State of Delaware:

Section 1. Amend Section 3001, Chapter 30, Part III, Title 30, Delaware Code, by adding the following sentences to the definition of "Purchase price" which definition appears as the fifth paragraph of said section:

If the owner made no trade-in conjunction with the purchase of any motor vehicle but 60 days prior to or subsequent to such purchase such owner sold privately the previously owned vehicle, credit shall be given in the same amount on the document fee as if the owner had made a trade-in of such previously owned vehicle in connection with the purchase of another vehicle. Application for such credit in event of a prior sale shall be made at the time application is made for title of the purchased vehicle. In the event of a subsequent sale application for such credit shall be made not later than 15 calendar days after such sale by registered mail to the Department of Motor Vehicles or in person. Proof of prior ownership and the amount of sale shall be required at the time the owner claims credit pursuant to rules and regulations promulgated by the Division of Motor Vehicles.