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AL HB298
Bill
Status
4/14/2010
Primary Sponsor
Randy Wood
Click for details
AI Summary
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Amends Alabama Code sections governing secondary metals recyclers to clarify that record-keeping requirements and purchase limitations apply only to metal property that has served its original economic purpose.
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Removes the three-year time limitation on cash transaction restrictions, making permanent the prohibition on cash transactions exceeding $100 for copper and $1,000 for other metals.
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Increases criminal penalties for selling stolen metal property based on aggregate transaction value: Class A misdemeanor for less than $500, Class C felony for $500-$2,500, and Class B felony for amounts exceeding $2,500.
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Establishes that Article 1A, Chapter 8 of Title 13A takes precedence over local ordinances governing secondary metals recycler transactions, except for ordinances in effect on the bill's effective date.
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Becomes effective on the first day of the third month following passage and approval by the Governor.
Legislative Description
Secondary metals recyclers, definition, pawnbrokers excluded, records, limits on cash transactions, person selling stolen metal property, penalties increased based on value of transaction, copper, certain cash transactions for prohibited, certain municipal ordinances in effect not affected, Secs. 13A-8-30, 13A-8-31, 13A-8-37, 13A-8-39 am'd.
Secondary Metals Recyclers
Last Action
Forwarded to Governor at 5:00 p.m. on April 14, 2010.
4/14/2010