To expand a scrap metal dealer regulatory regime authorized by a 2008 law that imposed new regulations and record keeping requirements on sales of nonferrous scrap metal, so that it also applies to sales of scrap iron (ferrous metals). This and House Bill 4594 would also add new regulations, including a three-day delay on payments to individuals selling "scrapped" catalytic converters, air conditioners and stripped copper wire; require dealers to examine the identification of individual sellers; require dealers to keep photographs of the purchased scrap metal; and more.   Official Text and Analysis.

With the recommendation that the substitute (H-2) be adopted and that the bill then pass.

To clarify various details of the proposed regulations.

To clarify various details of proposed regulations as they relate to commercial scrap metal sellers (vs. individuals).

To revise details of the proposed three-day waiting period for payment to individual sellers.

To clarify a detail in the definition of "non-ferrous" metals.

To expand a scrap metal dealer regulatory regime authorized by a 2008 law that imposed new regulations and record keeping requirements on sales of nonferrous scrap metal, so that it also applies to sales of scrap iron (ferrous metals). This and House Bill 4595 would also add new regulations, including a three-day delay on payments to individuals selling "scrapped" catalytic converters, air conditioners and stripped copper wire; require dealers to examine the identification of individual sellers; require dealers to keep photographs of the purchased scrap metal; and more.

With the recommendation that the substitute (S-3) be adopted and that the bill then pass.

To expand a scrap metal dealer regulatory regime authorized by a 2008 law that imposed new regulations and record keeping requirements on sales of nonferrous scrap metal, so that it also applies to sales of scrap iron (ferrous metals). The bill would require the scrap metal industry to create a real time database of each purchase by a scrap metal dealer of "scrapped" catalytic converters, air conditioners and stripped copper wire; until it did so the bill would impose a three-day delay on payments to individuals who sell these things. It would also require dealers to check sellers against this database, keep photographs of the purchased scrap metal, and more.

To replace the latest version of the bill with one that that imposes greater restrictions on payments by dealers for purchases of commonly stolen forms of metal, among other changes.

To replace the previous version of the bill with one that revises many details following negotiations over how rigorous the restrictions should be on forms of payment dealers may use to buy certain commonly stolen items, on details of a proposed real-time statewide scrap metal purchase database, and dealer recordkeeping requirements and more.

To require rather than permit the scrap metal industry to create a real-time statewide scrap metal purchase database.

To require all payments for purchases of certain commonly stolen items to be sent by mail to the seller's address as indicated on valid form of identification, rather than just payments greater than $25.

To impose more restrictive dealer payment options if the level of insurance claims for metal theft losses in Michigan remains exceptionally high.

To revise the effective dates of various provisions.

To prohibit purchases by scrap metal dealers of silver allow telecommunications batteries with threaded insert terminal connections.

To revise details related to State Police approval of the proposed real-time statewide scrap metal purchase database.

To expand an existing scrap metal dealer regulatory regime that applies to purchases of nonferrous scrap metal so that it also applies to purchases of scrap iron (ferrous metals). The bill would also impose restrictions on the form of payment a dealer could use to purchase "scrapped" catalytic converters, air conditioners and stripped copper wire. Payment in cash would be prohibited, and payments greater than $25 would have to be sent by mail to the seller's address as indicated on valid form of identification. If the scrap metal industry creates a real time database of each purchase, some payment restrictions would be less stringent. The bills would also require dealers to keep specified records of sellers and purchased items, and more.

To concur with the House-passed version of the bill.

By which the bill was passed.