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IN HB1305
Bill
Status
1/10/2017
Primary Sponsor
Doug Gutwein
Click for details
AI Summary
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Transfers regulatory authority over valuable metal dealers from state police to the Department of Homeland Security (DHS) effective July 1, 2017.
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Requires metals businesses (auto scrapyards, salvage recyclers, core buyers, recycling facilities, and valuable metal dealers) to electronically submit daily reports to DHS on all valuable metal purchases beginning July 1, 2018, with reports due by noon the next business day.
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DHS must maintain ownership and control of the electronic reporting system, retain submitted information for at least two years, and make information available to law enforcement agencies while keeping it confidential under public records law.
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Makes it a Class A misdemeanor for a metals business to knowingly fail to comply with record-keeping or reporting requirements, and for any person to recklessly sell or attempt to sell stolen valuable metal to a metals business.
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Provides civil liability immunity for businesses disclosing information through computer system breaches caused by third parties without their knowledge or consent, and prohibits local governments from adopting ordinances regulating metals businesses regarding metal purchases or reporting.
Legislative Description
Electronic reporting of valuable metal purchases. Transfers the authority to regulate valuable metal dealers from the state police department to the state department of homeland security (DHS). Requires a metals business (an automobile scrapyard, automotive salvage recycler, core buyer, recycling facility, or valuable metal dealer) to electronically submit daily reports to the DHS concerning its valuable metal purchases. Requires the DHS to maintain ownership and control of the computer software system used for the electronic reporting and to retain the information for at least two years. Declares the information submitted electronically to be confidential but requires that the information be
Last Action
Representative Moseley added as coauthor
2/9/2017