[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1029 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 1029

 To amend title 49, United States Code, to direct the National Highway 
Traffic Safety Administration to require the disclosure of information 
relating to the fair market value and safety of damaged motor vehicles.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 13, 2007

  Mr. Stearns (for himself, Mr. Jones of North Carolina, Ms. Moore of 
  Wisconsin, Mr. Campbell of California, Mr. Sensenbrenner, and Mrs. 
  Blackburn) introduced the following bill; which was referred to the 
                    Committee on Energy and Commerce

_______________________________________________________________________

                                 A BILL


 
 To amend title 49, United States Code, to direct the National Highway 
Traffic Safety Administration to require the disclosure of information 
relating to the fair market value and safety of damaged motor vehicles.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Damaged Vehicle Information Act''.

SEC. 2. DISCLOSURE OF VEHICLE DAMAGE INFORMATION.

    Section 32303 of title 49, United States Code, is amended by adding 
at the end the following new subsection:
    ``(d) Disclosure of Fair Market Value and Safety Information.--(1) 
Not later than 270 days after the date of enactment of this subsection, 
the Secretary of Transportation, through the National Highway Traffic 
Safety Administration, shall issue a regulation requiring all persons 
who terminate a contract related to a motor vehicle due to flood or 
water damage, collision, fire damage, theft and recovery, or any other 
circumstance that adversely affects the fair market value of such motor 
vehicle, to disclose to the public in a commercially reasonable, 
electronically accessible manner the following information for every 
motor vehicle that has been identified in such contract:
            ``(A) The vehicle identification number of the motor 
        vehicle.
            ``(B) The date of the termination of the contract.
            ``(C) The odometer reading of the motor vehicle on the date 
        of the termination of the contract.
            ``(D) Whether, as a result of the incident that resulted in 
        the termination of the contract, one or more airbags in the 
        motor vehicle were deployed.
            ``(E) The cause of the termination of the contract, 
        including whether such cause was flood or water damage, 
        collision, fire damage, theft and recovery, or another cause.
    ``(2) The Secretary shall rely on the private sector to collect, 
aggregate, and disclose to the public the fair market value and safety 
information described in paragraph (1) and all such information shall 
be accessible by vehicle identification number.
    ``(3) For purposes of this subsection, the term `person' includes 
any individual, company, corporation, association, firm, partnership, 
society, or any other entity, but does not include any governmental 
agency.''.
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