Senate Bill 662 - Summary

• Amends 59 O.S. 2011, Section 1425 to update statutory references in the Oklahoma Scrap Metal Dealers Act, replacing vague language ("this act") with specific statutory citations to sections 1423 and 1426.

• Increases penalties for scrap metal violations: first offense up to $2,500; second offense up to $5,000 or up to 6 months jail; third or subsequent offense becomes a felony with up to $10,000 fine or up to 2 years imprisonment.

• Creates enhanced penalties for providing false information on required scrap metal records: first offense is a misdemeanor with up to $500 fine; second or subsequent offense becomes a felony with $1,000 fine.

• Maintains existing penalties for unlicensed dealer operations ($500 per day of violation) and burnt copper/copper wire trafficking ($2,500 first offense; second offense becomes felony with $5,000 fine or up to 2 years imprisonment).

• Effective date set for July 1, 2013, with emergency clause allowing immediate enactment upon passage and approval.