Amend SB 1507 as follows:                                                    
	1) On page 2, line 23 strike all of subsection (e) and 
substitute with the following:
	(e) A signed and dated written odometer disclosure containing 
the information described in this subsection (e) may be included on 
or with the power of attorney if the power of attorney is executed 
within one hundred and twenty days before the date of the transfer 
and is accompanied by the conspicuous written notification 
described in this subsection.  If an odometer disclosure is not 
obtained in that manner, the transferee or agent or the person to 
whom the vehicle is delivered at the time of the transfer shall 
request an odometer disclosure as provided in this subsection (e).  
Not more than one hundred and twenty days before the transfer of the 
vehicle by the owner, the transferee or agent under the power of 
attorney or person receiving delivery of the vehicle shall in 
writing request the owner to provide a signed and dated written 
statement stating the odometer reading (not to include tenths of a 
mile) as of the date of the statement, and further stating words to 
the effect that either: (i) to the best of the owner's knowledge, 
the odometer reading reflects the actual mileage of the vehicle, or 
(ii) the actual mileage has gone over the odometer's mechanical 
limits and the odometer reading reflects the amount of mileage in 
excess of the mechanical limits of the odometer, if the owner knows 
that to be the case, or (iii) the odometer reading is not the actual 
mileage, if the owner knows that to be the case.  The statement may 
consist of a form in which the agent or transferee or person 
receiving the vehicle includes the identification of the vehicle 
and owner and which allows the owner to fill in the odometer reading 
and mark an applicable box to indicate which of condition (i), (ii) 
or (iii) is applicable and to date and sign the statement.  With the 
request for the owner's statement, the transferee or agent or 
person receiving the vehicle shall provide a written notification 
to the owner to the effect that the owner has a duty under law to 
state the odometer reading, state which of conditions (i), (ii) or 
(iii) is applicable, and sign, date and return the statement, and 
that failing to do so or providing false information may result in 
fines or imprisonment.  Unless the written notification is 
delivered to the owner at substantially the same time that the owner 
is delivering the signed and dated owner's statement, the written 
notification must also state a date by which the owner must provide 
this information and an address to which it may be delivered.  This 
written notification to the owner must be in bold letters, 
underlined or otherwise conspicuous, and may be in a separate 
document or included as part of a form to be used for the owner's 
statement or in another document relating to the potential 
transfer.  The transferee or agent or the person receiving delivery 
of the vehicle may mail the request and notification to the last 
known address of the owner or may otherwise send or deliver it to 
the owner.  If there are multiple owners of the same vehicle, the 
request and notification may be sent to one or more of them and it 
shall be sufficient for one owner to sign the statement.  The owner 
has a duty to return the signed and dated statement as directed in 
the notification.  In completing the odometer disclosure on the 
owner's behalf, the agent shall identify the same condition (i), 
(ii) or (iii) provided in the owner's statement, unless the agent 
knows that the condition identified in the owner's statement is not 
correct.  The agent will not indicate in the odometer disclosure it 
completes on the owner's behalf that the odometer reading is not the 
actual mileage unless either the owner has so indicated in the 
owner's statement or the agent knows that the owner's statement is 
not correct.  The agent shall transmit the owner's statement it 
receives to the transferee after the title transfer is completed.  
The owner's statement received by the transferee under this 
subsection (e) need not be filed with the filing office for the 
other title documents, but the transferee shall retain the owner's 
statement for a time period and in a similar manner to the retention 
methods used by a lessor to retain statements under 49 C.F.R. § 
580.8(b) as it may from time to time be amended.  The transferee may 
rely upon the agent's odometer disclosure and the owner's statement 
unless it knows that they are not correct.  A failure by an owner to 
comply with an obligation under this subsection (e) subjects the 
owner to the penalties and enforcement provisions of Subchapter H 
of this Chapter, but does not affect the validity of the transfer of 
title.