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What I know:
To get it registered, it's gotta have SB100 and accepted as a 1965 (less tax, less insurance, no smogg, and noise is no issue). Correct so far?
Now how is this even possible when this is actually a 2020 kit car and a probably 2018 engine?!
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SB100 was written to allow up to 500 "kit cars" a year to be registered. It allows you to register your car based on the year of the motor used or the year of the car that it most closely resembles. It does not cost less in taxes or save you any money. What it does do is it allows you to legally register your car and to avoid the biannual smog inspections that are otherwise required in California. You are correct that noise is not an issue and is not addressed by the SB100 process. Your car will be registered as a 2020 Specially Constructed Vehicle.
As others have said, you'll need to start out at the DMV. Bring your receipts. You'll need to show separate receipts for the engine and the car. You'll pay taxes on the full value of the car (including labor) less taxes that you've already paid for parts purchased in California. Next you'll need to take it to the CHP. They check to make sure the car and major components are not stolen. They'll also assign a VIN number and affix a tag to the car. You'll then need to go to a smog referee station. They'll check to make sure it has the required 1965 smog equipment. Basically a PCV valve but others have had to do other "minor" tweaks. They will also put your car on the smog machine but there is no pass/fail criteria. You may also have to take it to a Brake and Light inspection station. Some have had to do that but others have not.
In my opinion SB100 is a godsend since it gives those of us in California a legal way to smog and register our replicas without having to pretend they are something they are not (vehicles originally built and sold in 1965). There might be a little consternation as you work your way through the process but in the end it will have been worth it. You'll have a car that is legal in California, it won't need to go through biannual smog inspections and you won't need to worry about receiving a certified letter from the state attorney general - something that happened to many 1965 registered replica Cobra owners back in the mid 2000s. See this thread or do a search for posts from "morgester."
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