Requires MVC to establish system for salvage processors to electronically process salvage certificates of title.

This bill requires New Jersey's Motor Vehicle Commission (MVC) to create an electronic system for salvage processors to handle salvage certificates of title. It directly affects insurers, salvage processors, and vehicle owners when a car is totaled and the owner fails to transfer the title within 30 days of an insurance payout. Key provisions include mandating electronic applications, requiring insurers to send 30-day written notice to owners and lienholders before applying, and specifying proof needed (like payment records and proof of notice) for the MVC to issue a salvage title in the insurer's name. The change streamlines the process for insurers to legally transfer totaled vehicles without physical title documents.