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MS SB2554
Bill
AI Summary
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Prohibits scrap metal dealers from purchasing burned copper material unless the seller provides written proof the copper was lawfully burned or obtains a signed statement from the copper owner consenting to the sale.
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Requires scrap metal dealers to maintain detailed purchase records for 2 years including seller identification, property description, vehicle information, and photographs with timestamp and photographer identity.
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Mandates dealers hold purchased metal property separate and identifiable for at least 3 business days and photograph it in original form before processing.
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Establishes payment procedures requiring checks mailed to seller's address or electronic transfer, with payment delayed 3 days after purchase; cash transactions prohibited.
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Sets criminal penalties ranging from misdemeanor fines up to $1,000 for violations under $1,000, to felony imprisonment up to 20 years and $10,000 fines for violations exceeding $25,000.
Legislative Description
Scrap metal sales; prohibit purchase of burned copper.
Last Action
Died In Committee
3/3/2015