Introduced Version






HOUSE BILL No. 1324

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DIGEST OF INTRODUCED BILL



Citations Affected: IC 25-37.5-1-2.

Synopsis: Valuable metal dealers. Requires valuable metal dealers to make and retain copies of government issued photographic identification used to verify the identity of persons from whom the dealers purchase valuable metal.

Effective: July 1, 2007.





Crooks




    January 16, 2007, read first time and referred to Committee on Government and Regulatory Reform.







Introduced

First Regular Session 115th General Assembly (2007)


PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
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Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 2006 Regular Session of the General Assembly.

HOUSE BILL No. 1324



    A BILL FOR AN ACT to amend the Indiana Code concerning professions and occupations.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: IC 25-37.5-1-2; (07)IN1324.1.1. -->     SECTION 1. IC 25-37.5-1-2 IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2007]: Sec. 2. (a) Except as provided in section 5 of this chapter, every valuable metal dealer in this state shall enter on forms provided by the state police department for each purchase of valuable metal the following information:
        (1) The name and address of the dealer.
        (2) The date and place of each purchase.
        (3) The name, address, age, and driver's license number or Social Security number of the person or persons from whom the valuable metal was purchased.
         (4) The valuable metal dealer shall verify the identity of the person from whom the valuable metal was purchased by use of a government issued photographic identification. The dealer shall enter on the form the type of government issued photographic identification used to verify the identity of the person from whom the valuable metal was purchased, together with the:
            (A) name of the government agency that issued the photographic identification; and
            (B) identification number present on the government issued photographic identification.

        (4) (5) The motor vehicle license number of the vehicle or conveyance on which the valuable metal was delivered to the dealer.
        (5) (6) The price paid for the metal.
        (6) (7) A description and weight of the valuable metal purchased.
     (b) A valuable metal dealer shall make and retain a copy of the government issued photographic identification described under subsection (a)(4) used to verify the identity of the person from whom valuable metal was purchased.
    (b) (c) The completed form and the copy of the government issued photographic identification described in subsection (b) shall be kept in a separate book or register by the dealer and shall be retained for a period of two (2) years. Such book or register shall be made available for inspection by any law enforcement official at any time. Within twenty-four (24) hours from the date of purchase of a valuable metal the valuable metal dealer shall notify the local law enforcement agency in writing or orally of the description of the purchase and the name of the individual who sold the product to the dealer. Notification is not required for such purchases if a bill of sale or other evidence of ownership is presented at the time of the sale of the product to the dealer from a public utility, railroad, county, city or state highway department, public or private school, or an institution of higher education.