Introduced House Bill (H)

Authored by

DIGEST

Regulation of valuable metal transactions. Requires, after December 31, 2016, a valuable metal dealer (dealer) to enter into a registry established and maintained by the state police department certain information concerning a valuable metal purchase transaction. Makes it a Class C infraction to fail to enter the required information into the registry within 24 hours of the valuable metal purchase transaction. Makes it a Class C misdemeanor instead of a Class A infraction for a dealer to knowingly or intentionally fail to comply with the law concerning regulation of dealers. Makes it a Class C misdemeanor instead of a Class Regulation of valuable metal transactions. Requires, after December 31, 2016, a valuable metal dealer (dealer) to enter into a registry established and maintained by the state police department certain information concerning a valuable metal purchase transaction. Makes it a Class C infraction to fail to enter the required information into the registry within 24 hours of the valuable metal purchase transaction. Makes it a Class C misdemeanor instead of a Class A infraction for a dealer to knowingly or intentionally fail to comply with the law concerning regulation of dealers. Makes it a Class C misdemeanor instead of a Class A infraction for a person to knowingly or intentionally sell or attempt to sell valuable metal to a dealer that fails to comply with the law concerning regulation of dealers. Requires the secretary of state to revoke a person's license issued under the law concerning licensing of vehicle salvaging if the person has at least three criminal convictions for violating the law concerning dealers. Relocates language specifying that a dealer may not accept a damaged beer keg under certain circumstances. ... View more