Preventing Auto Recycling Theft Act prohibits selling or purchasing catalytic converters for cash or cryptocurrency.
The Preventing Auto Recycling Theft Act aims to combat the theft of catalytic converters and other precious metal car parts. It makes it unlawful to sell or purchase any catalytic converter for cash or cryptocurrency. The bill also mandates that catalytic converters be marked with unique identification numbers and high-visibility paint to deter theft. It establishes a grant program for eligible entities to implement these measures.
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