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Bill > H1984


MA H1984

Regulating secondary metals dealings


summary

Introduced
01/23/2017
In Committee
04/05/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to secondary metals dealings. Consumer Protection and Professional Licensure.

AI Summary

This bill regulates secondary metals dealings in Massachusetts. It establishes a registration process for secondary metals dealers, who must comply with certain procedures when purchasing metal products, such as verifying the seller's identity and maintaining detailed transaction records. The bill prohibits dealers from accepting certain items, such as guardrails, manhole covers, and historical markers, that are deemed "prohibited metals." Penalties are imposed for violations, including fines and potential criminal charges. The bill also requires the Commissioner of Banks to establish a 2-year pilot program to implement a Massachusetts Abandoned Property Registry to address vacant or foreclosing properties.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (11)

Last Action

No further action taken (on 01/01/2019)

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