Relates to abandoned vehicles

S 1023 lowers the value threshold for local authorities to seize abandoned vehicles without license plates. It changes the rule so that vehicles worth $3,000 or less (down from $3,250) automatically transfer ownership to the local authority upon abandonment, unless the vehicle is immediately sold for scrap or destroyed. This directly affects vehicle owners who leave low-value cars abandoned and local governments handling abandoned vehicle removal. The key change is the reduced dollar amount triggering automatic seizure, streamlining the process for authorities. The bill takes effect 180 days after enactment.