Indiana ELT target: June 2014

The Indiana Bureau of Motor Vehicles is continuing to progress in their plans for an Electronic Lien and Title program for Indiana. DDI participated in a recent call with BMV representatives during which they provided a brief update on their plans for ELT.

Initial specifications are scheduled for distribution this fall (2013), with the program beginning to pilot in June 2014.  The pilot phase is expected to take 1 to 2 months, allowing additional lenders to enroll in the fall of 2014.

The BMV is working to make the new Indiana ELT program compatible with all title and registration processes, including the existing Electronic Vehicle Registration system.  They are also working to consolidate lienholder records to make the transition to electronic liens simpler for lenders.

There are no plans at this time to make the program mandatory.  The BMV is not opposed to requiring participation, but will wait for enacted legislation to do so.

Image above is a 1985 Indiana license plate "Wander" for sale by Deer Run Mercantile: "Vintage License Plates from the 50 States".

Continue reading Indiana ELT target: June 2014

Upcoming Electronic Title States

A series of questions in which our writer attempts to answer simple-sounding questions without saying things like "Well, yes, they do have ELT but..." Let the reader understand that these are simplified answers. ;)

See the other posts in this short series: Electronic Title States, Upcoming Electronic Title States (this post), States Compelling Participation in ELT, and States Planning to Compel Participation in ELT.

Which states are actively working on an ELT program?

• Iowa
• South Dakota

We expect both Iowa and South Dakota to implement their programs this year. DDI is working with both states as they implement their programs.

Which states have said they intend to develop an ELT program?

• Alabama
• Connecticut
• Indiana
• Mississippi
• Tennessee
• West Virginia

These states have all indicated to us (in person) that they have a goal to implement ELT. In most cases for these states, it is a matter of available resources to implement needed technical changes.

If you are a lender and would like a greater explanation of these differences, please contact DDI. If you are a state or would like more technical details, you may also visit our AllAboutTitles.com site.

Image above is from a blog post by Ben Phelps entitled "Beyond a Blueprint".

Continue reading Upcoming Electronic Title States

Indiana planning ELT program for January 2012

At a recent conference, the Indiana Bureau of Motor Vehicles announced their intention to implement an Electronic Liens and Titles (ELT). The program is targeted to begin in January 2012. Indiana will be providing additional information as they develop the details of the program.

Currently, they do not have plans to require participation in the program, keeping it strictly voluntary. Decision Dynamics, Inc. will continue to work with the Indiana BMV through the implementation of this new program. We're looking forward to providing ELT services for lenders with Indiana titles.

Image above is Indiana Landmarks, helping Hoosiers save and restore old buildings.

Continue reading Indiana planning ELT program for January 2012