New Jersey S4612 establishes duty for transportation industry to prevent stolen vehicle trafficking and allows for civil penalties.
New Jersey S4612, the "Stolen Car Accountability Act," mandates that businesses involved in storing, transporting, or brokering vehicles must take reasonable steps to prevent stolen vehicles from being moved into or out of the state. Violators face civil penalties up to $1,000,000 for the first offense and up to $5,000,000 for subsequent offenses. The act aims to deter facilitators of transnational auto theft by imposing financial consequences for ignoring signs of theft or maintaining ineffective business practices.
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