AUTO RECYCLERS WILL NOW BE REQUIRED TO VERIFY THAT ANY VEHICLE THEY PURCHASE FOR RECYCLING HAS NOT BEEN STOLEN. HOUSE BILL 52 IS NOW THE LAW. THE MEASURE WAS CO-SPONSORED BY STATE REPRESENTATIVE MONICA YOUNGBLOOD. SHE TELLS US IT’S PURPOSE IS TO CUT DOWN ON AUTO THEFTS IN THE STATE.
RECYCLERS WILL HAVE TWO BUSINESS DAYS AFTER THE PURCHASE TO REPORT IT TO TAX AND REVENUE. CURRENTLY LESS THAN HALF OF THE AUTO RECYCLERS IN THE STATE CHECK TO SEE IF A VEHICLE HAS BEEN REPORTED STOLEN.
