106 STAT. 3392 PUBLIC LAW 102-519—OCT. 25, 1992 (A) communicating to the operator the vehicle identification number of the vehicle for which the certificate of title is sought, the name of the State which issued the most recent certificate of title pertaining to the vehicle, and the name of the individual or entity to whom such certificate was issued; and (B) affording the operator an opportunity to communicate to the participating State the results of a search of the information. (b) GRANTS TO STATES. — (1) REVIEW OF STATE SYSTEMS. —Not later than January 1, 1994, the Secretary, in cooperation with the States, shall— (A) conduct a review of systems used by the States to compile and maintain information concerning the titling of automobiles, and (B) determine, for each State, the cost of making titling information maintained by such State available to the operator of the National Motor Vehicle Title Information System for the purpose of meeting the requirements of subsection (b). (2) AWARD OF GRANTS. —The Secretary may award grants to participating States to be used in making titling information maintained by such States available to the operator of the National Motor Vehicle Title Information System if— (A) for any State that is a recipient of such a grant, the grant does not exceed— (i) 25 percent of the cost of making titling information maintained by such State available to the operator of the National Motor Vehicle Title Information System as determined by the Secretary under subsection (d)(1)(B); or (ii) $300,000; whichever is lower; and , (B) the Secretary determined that such grants are fair, reasonable, and necessary for the establishment of the National Motor Vehicle Title Information System under section 202(a)(1). (c) REPORT TO CONGRESS. —N O later than January 1, 1997, the Secretary shall report to Congress which States have met the requirements imposed by section 203. If any State has not met these requirements, the Secretary shall describe the impediments that have resulted in the State's failure to meet the requirements. 15 USC 2044. SEC. 204. REPORTING. ^- (a) OPERATORS OF JUNK OR SALVAGE YARD. — (1) INVENTORY REPORT. —Beginning at a time determined by the Secretary, but no earlier than 3 months prior to the establishment of the National Motor Vehicle Title Information System, any person or entity in the business of operating an automobile junk yard or automobile salvage yard shall file a monthly report with the operator. Such report shall contain an inventory of all junk vehicles or salvage vehicles obtained by the junk yard or salvage yard during the preceding month. Such inventory shall contain the vehicle identification number of each vehicle obtained, the date on which it was obtained, the name of the person or entity from whom the reporter
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