MN SF2411

Removes the "hulks" exemption from scrap metal processor licensing requirements, requiring all persons buying vehicles for metal processing to obtain a scrap metal processor license effective August 1, 2012.

Creates new section 168A.1525 requiring scrap metal processors to obtain proof of ownership (title and lien releases) before purchasing vehicles, or alternatively hold vehicles for 15 days pending theft verification with seller identification and perjury statement.

Requires scrap metal dealers to create and submit daily electronic records of all motor vehicle transactions to an automated property system using interchange file specification format, including vehicle identification, seller information, and transaction details.

Mandates payment for vehicle purchases and transactions over $300 by certified mail check to seller's home or business address, and requires digital color video surveillance cameras positioned to record seller faces and vehicle license plates with 90-day recording retention.

Establishes criminal penalties ranging from misdemeanor for first violation to felony with up to three years imprisonment or $5,000 fine for third offense within five years, and creates law enforcement investigative hold authority with procedures for confiscating suspected stolen vehicles.