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COMMITTEE ON HOMELAND SECURITY, JUSTICE AND PUBLIC SAFETY 12/12/2024-REPORTED OUT TO THE FLOOR 12/11/2024-AMENDED AND REPORTED OUT TO THE COMMITTEE ON RULES AND JUDICIARY BILL NO. 35-0409 Thirty-Fifth Legislature of the Virgin Islands November 19, 2024 An Act to amend title 20 Virgin Islands Code, part II, chapter 32, subchapter I to amend the definition of “salvage vehicle purchaser” or “junk vehicle purchaser” to include businesses that includes junk and salvage vehicle businesses and insurance companies and to require salvage vehicle purchasers to file a report with the Bureau of Motor Vehicles that documents the salvage vehicles obtained and sold during a given time period, and to require a penalty for failure to file the report PROPOSED BY: Senator Samuel Carrión Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. Title 20 Virgin Islands Code, part II, chapter 32, subchapter I is amended 2 as follows: 3 (a) In section 203, in the definition of “Salvage vehicle purchaser” or “junk vehicle 4 purchaser”, strike “other than an insurer” and insert “or business, including junk and salvage 5 vehicle businesses except for insurance companies,”; and 6 (b) In section 222: 7 (1) re-designate subsection (b) as subsection (c) and insert a new subsection (b) 8 that reads: 9 “(b) A salvage vehicle purchaser shall file a report with the Bureau that 10 evidences the salvage vehicles obtained and sold, or otherwise disposed of by the 11 2 salvage vehicle purchaser. The Director of the Bureau shall determine the format 1 of the report and the frequency of the filing.” 2 (2) Add subsection (d) that reads: 3 “(d) A salvage vehicle purchaser who fails to file a report as required in 4 subsection (b) shall be fined not less than $500 but not more than $1,000.” 5 SECTION 2. Not later than 30 days after the effective date of this act, the Director of 6 the Bureau of Motor Vehicles shall determine the format of the report required to be filed in 7 Section 1, subsection (b), paragraph (1) and the frequency of the filing. 8 BILL SUMMARY 9 This bill amends title 31 Virgin Islands Code, chapter 1, part II, chapter 21, section 203 10 by amending the definition of “salvage vehicle purchaser” or “junk vehicle purchaser” to 11 include businesses that includes junk and salvage vehicle businesses and insurance companies 12 making these businesses subject to the requirements in section 222 which requires a salvage 13 vehicle purchaser to have a salvage certificate to possess or retain a salvage vehicle. This bill 14 also amends section 222 by requiring a salvage vehicle purchaser to file a report with the 15 Bureau of Motor Vehicles (“BMV”) that documents the salvage vehicles obtained and sold 16 during a given time and provides for a penalty for failure to file in an amount not less than $500 17 but not more than $1,000. Section 2 of the bill requires the Director of the BMV to determine 18 the format of the report and the frequency of the filing within 30 days after the effective date 19 of the act. 20 BR23-0941/September 25, 2024/GC/Revised/November 18, 2024/GC 21 S:\AMENDS\35th Legislature\CARRIÓN, SAMUEL\Amendment 35-1118\35-1118 - 22 DRAFTED ON YELLOW.docx 23