The act requires the Colorado state patrol to develop an assessment report to identify the level of compliance by dealers, owners, keepers, or proprietors of a junk shop, junk store, salvage yard, or other secondhand property (applicable facility) with commodity metal transaction reporting requirements. The assessment report must encourage voluntary compliance and education concerning commodity metal transaction reporting requirements. The act requires applicable facilities to complete and submit the assessment report to the Colorado state patrol, and the state patrol is required to produce a summary of the reports received.
The act requires the state patrol to develop an inspection form for authorities to use when inspecting applicable facilities for compliance with commodity metal transaction reporting requirements. Upon completion of the inspection form, the agency completing the inspection shall send the form to the state patrol within 2 weeks of completing the inspection. The state patrol has to provide a summary of all the statewide inspections to the commodity metal task force. The task force shall consider the report at a public meeting.
The act creates the catalytic converter identification and theft prevention grant program to award grants to eligible recipients for public awareness campaigns regarding catalytic converter theft, catalytic converter theft prevention parts, assistance to victims of catalytic converter theft, and catalytic converter identification and tracking efforts.
The act appropriates $300,000 from the general fund to the department of public safety for use by the Colorado state patrol. The act appropriates $105,871 from the highway users tax fund to the department of public safety for use by the executive director's office to purchase information technology services.
(Note: This summary applies to this bill as enacted.)