Motor Vehicle Safety Authorization Act of 1986

[AI summary unavailable — showing source text] Motor Vehicle Safety Authorization Act of 1985 - Amends the following Acts to authorize appropriations for FY 1986 and 1987: (1) the National Traffic and Motor Vehicle Safety Act of 1966; and (2) the Motor Vehicle Information and Cost Savings Act with respect to bumper standards, automobile consumer information and odometer requirements. Prohibits the licensing of motor vehicles when the ownership is transferred unless: (1) the application for a new certificate of title is accompanied by the prior owner's title; and (2) the new certificate of title is printed in a specified manner indicating the odometer mileage. Authorizes States to submit alternative mileage disclosure requirements for the approval of the Secretary of Transportation. Provides that auction companies selling motor vehicles must maintain records showing: (1) the name of the most recent owner; (2) the vehicle identification number; and (3) the odometer reading on the date the auction company took possession of the vehicle. Requires such mileage information to be disclosed by the lessee of a leased motor vehicle when the lease ends or is transferred. Increases the civil penalty for violations of the odometer requireme…