Bill > HB37

This bill modifies the law regarding the purchase and sale of catalytic converters in Missouri. The key provisions include: 1. Requiring buyers and dealers of scrap metal, junk, or secondhand property to maintain detailed records of each transaction involving catalytic converters, including a copy of the seller's identification, a photograph of the seller, the transaction details, and the vehicle identification number of the vehicle the catalytic converter was removed from. 2. Prohibiting transactions involving detached catalytic converters from occurring anywhere other than the buyer's fixed place of business, and requiring a 5-business day waiting period before the catalytic converter can be altered or destroyed. 3. Imposing fines of $5,000 for a first violation, $10,000 for a second violation, and license revocation for a third violation, for licensed businesses that knowingly purchase a stolen catalytic converter. 4. Providing some exceptions to the record-keeping requirements for certain types of established business transactions. The overall goal of the bill is to make it more difficult for stolen catalytic converters to be sold, and to provide law enforcement with better records to investigate catalytic converter thefts.