The bill aims to revise vehicle salvage and wrecking laws in Montana by establishing new recordkeeping requirements for motor vehicle wrecking facilities and salvage recycling centers. It mandates that these facilities maintain a detailed vehicle acquisition record, which must include information such as the transaction date, the identity verification of the seller, vehicle details, and a copy of the seller's identification. Additionally, the bill introduces a state special revenue account to manage penalties collected from facilities that fail to comply with these recordkeeping requirements.

Furthermore, the bill amends Section 61-3-225 of the Montana Code Annotated to enhance accountability and enforcement measures. It specifies that penalties for non-compliance will be deposited into the newly created state special revenue account, which will support the Department of Justice in investigating and enforcing these regulations. The bill also establishes criminal offenses for individuals who sell or transfer vehicles unlawfully or falsify required documents, thereby strengthening the legal framework surrounding vehicle wrecking and salvage operations.

Statutes affected:
SB0421_1.pdf: 61-3-225
SB0421_2.pdf: 61-3-225
SB0421_3.pdf: 61-3-225
Amended: 61-3-225
Introduced: 61-3-225