Bill > H250

This bill establishes new regulations for "secondary metals dealers," which are defined as any business or individual profiting from buying and selling used metal items. To operate, these dealers must now register with their local police chief, providing basic business information. This registration process, which may involve a fee unless the entity is a religious or charitable organization, needs to be renewed annually and displayed publicly. The bill also mandates that dealers maintain detailed daily transaction logs, recording information about the seller, the metal purchased, the price, and the seller's identification, including a copy of their photo ID or business identification number. These records must be kept for one year and be available for inspection by law enforcement. Furthermore, dealers are prohibited from purchasing new production scrap or materials from individuals not affiliated with the manufacturer or authorized entity. The bill also outlines procedures for law enforcement to place temporary holds on suspected stolen scrap metal at processing facilities, with specific time limits and conditions for extensions.