Interpretation ID: aiam0988
Senate Office Building
Washington
DC 20510;
Dear Senator Talmadge: This is in reply to your inquiry of January 16, 1973, on behalf of you constituent, Mr. Ski Bashinski. As Executive Director of the Georgia Independent Auto Dealers Association, Mr. Bashinski was concerned that the Federal Odometer Disclosure Requirements might become effective at a date earlier than that suggested in the notice of proposed rulemaking on the subject.; The regulations to which Mr. Bashinski refers were proposed by th National Highway Traffic Safety Administration on December 2, 1973, (sic) pursuant to Title IV, Odometer Requirements, of the Motor Vehicle Information and Cost Savings Act, P.L. 92-513. The effective date proposed was six months after issuance of a rule.; After reviewing the comments to its proposal, the NHTSA issued th Odometer Disclosure Requirements as a final rule on January 31, 1973. In the light of comments indicating a need for a prompt effectiveness, the rule will go into effect March 1, 1973. The other provisions of Title IV went into effect by operation of law on January 18, 1973, and require the assistance of the disclosure statement if they are to be fully effective.; Sincerely, Lawrence R. Schneider, Chief Counsel