HB 390 passed both the House and Senate and will be signed into law by the Governor in June. The “metal scrap regulation” requires scrap metal recyclers to pay by check only for certain metal types and they must hold the payment for a specified period of time. Additionally, the scrap yard must keep records of their purchases and they must register with the state.
This law also establishes that if a person is caught for metal theft crime, their punishment will be determined by the replacement value of the metal, instead of the value of the metal itself.
This issue has been one that the Land Development Committee has been actively engaged and strongly supported this legislation.