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IN HB1223
Bill
Status
1/11/2018
Primary Sponsor
Doug Gutwein
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AI Summary
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Transfers oversight authority for valuable metal dealers from the state police department to the department of homeland security (DHS), effective July 1, 2018.
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Requires metals businesses (automobile scrapyards, automotive salvage recyclers, core buyers, recycling facilities, and valuable metal dealers) to submit daily electronic reports to DHS regarding valuable metal purchases beginning July 1, 2019, or upon DHS determination that the system is ready.
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Mandates DHS 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 from the public.
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Makes it a Class A misdemeanor for metals businesses to knowingly or intentionally fail to comply with record keeping or reporting requirements, and for persons to recklessly sell stolen valuable metal to metals businesses.
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Prohibits local governments from adopting ordinances regulating metals businesses regarding holding or record keeping of scrap metal, and prevents the general assembly from repealing or amending this chapter before July 1, 2028, except for technical corrections or penalty increases.
Legislative Description
Electronic reporting of valuable metal purchases. Transfers the authority of the state police department with respect to valuable metal dealers 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 that the information submitted electronically is confidential but requires that the information
Last Action
First reading: referred to Committee on Commerce, Small Business and Economic Development
1/11/2018