VEHICLE THEFT PREVENTION

Summary

The bill adds a new fee for self‑insured commercial vehicle rental companies, charging $1 (or a lower amount set by the council) for each rental contract that includes physical‑damage insurance. The money collected is deposited into a dedicated trust fund that will be used for law‑enforcement, court and public‑education programs to curb vehicle hijacking and theft. The provision becomes effective on January 1, 2027.

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