HB 5493 Summary

• Establishes the "Scrap Metal Licensing Act" requiring persons to obtain a state license from the Department of Licensing and Regulatory Affairs before engaging in business as a scrap metal dealer in Michigan.

• Requires applicants to submit written applications with principal office address, business locations, and applicable entity information; charges $100.00 application fee and $100.00 annual license fee for new or renewal licenses.

• Mandates scrap metal dealers ensure employees performing scale operator, purchaser, or supervisor duties receive training in legal requirements, identifying stolen property, and safety procedures as established by department rules.

• Requires licensed dealers to maintain books and records available to law enforcement during business hours, with retention periods of 5 years or longer depending on applicable legal requirements under existing state and local regulations.

• Authorizes the Department to limit, suspend, or revoke licenses and impose administrative fines up to $5,000.00 for violations; establishes misdemeanor penalties of up to 1 year imprisonment or $500.00 fine for conducting unlicensed business or making false statements on applications.