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2(e)(1)(B) of the Imported Vehicle Safety Compliance Act of 1988, the Secretary shall submit to Congress a report of the actions taken to carry out subchapter III of this chapter and the effectiveness of those actions, including any testing by the Secretary under section 30146(c)(2) of this title. After the first report, the Secretary shall submit a report to Congress under this subsection not later than July 31 of each year.

CHAPTER 305 OF PART A OF SUBTITLE VI OF TITLE 49,

UNITED STATES CODE

(FORMERLY SECTIONS 201-204 OF THE ANTI CAR THEFT ACT OF 1992)

CHAPTER 305 OF PART A OF SUBTITLE VI OF TITLE 49,

UNITED STATES CODE

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Sec.
30501. Definitions.
30502. National Automobile Title Information System.
30503. State participation.
30504. Reporting requirements.
30505. Penalties and enforcement.
$ 30501. Definitions
In this chapter-

(1) "automobile" has the same meaning given that term in section 32901(a) of this title.

(2) "certificate of title" means a document issued by a State showing ownership of an automobile.

(3) “insurance carrier" means an individual or entity engaged in the business of underwriting automobile insurance. (4) “junk automobile” means an automobile that,

(A) is incapable of operating on public streets, roads, and highways; and

(B) has no value except as a source of parts or scrap. (5) "junk yard” means an individual or entity engaged in the business of acquiring or owning junk automobiles for

(A) resale in their entirety or as spare parts; or

(B) rebuilding, restoration, or crushing. (6) "operator” means the individual or entity authorized or designated as the operator of the National Automobile Title Information System under section 30502(b) of this title, or the Secretary of Transportation, if there is no authorized or designated individual or entity.

(7) "salvage automobile" means an automobile that is damaged by collision, fire, flood, accident, trespass, or other event, to the extent that its fair salvage value plus the cost of repairing the automobile for legal operation on public streets, roads, and highways would be more than the fair market value of the

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