The Georgia Legislature passed vessel titling legislation (HB314) – marking the first time the state has passed a recreational boat titling measure – and sent it to Governor Kemps’ desk for his signature. Securing titling laws in key boating states is a top NMMA advocacy priority and the organization celebrated the bill’s approval, calling it a major victory for the entire industry.
Georgia’s boat titling law will establish a program that significantly enhances protections for consumers. “This is just common sense; I am surprised that titling for vessels is not already in place, but I am glad that it will be now,” said Senator John Albers, who sponsored the bill in the Georgia Senate.
Specially, the vessel titling bill passed in Georgia helps consumers by:
Protecting them from buying a damaged, destroyed, or stolen boat;
Acts as a deterrent to theft;
Provides access to more reasonable financing and insurance options; and
Establishes the sole and rightful owner of a boat.
In addition to Georgia, NMMA is currently working to pass boat titling laws in Alabama and Florida.