Introduced Version






HOUSE BILL No. 1255

_____


DIGEST OF INTRODUCED BILL



Citations Affected: IC 25-37.5-1.

Synopsis: Valuable metal dealers. Specifies that, for purposes of the law concerning valuable metal dealers, "valuable metal" includes any product made of copper, copper alloy, brass, aluminum, or aluminum alloy that is readily used or useable in agricultural machinery or irrigation systems.

Effective: July 1, 2008.





Stutzman




    January 14, 2008, read first time and referred to Committee on Commerce, Energy and Utilities.







Introduced

Second Regular Session 115th General Assembly (2008)


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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HOUSE BILL No. 1255



    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 25-37.5-1-1; (08)IN1255.1.1. -->     SECTION 1. IC 25-37.5-1-1, AS AMENDED BY P.L.2-2007, SECTION 349, AND AS AMENDED BY P.L.170-2007, SECTION 1, IS CORRECTED AND AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2008]: Sec. 1. (a) When used in this chapter, "valuable metal" means any product made of copper, copper alloy, brass, aluminum, or aluminum alloy that is readily used or useable:
        (1) by a public utility, a railroad, a county, city, or state highway department, a public or private school, or an a postsecondary educational institution; of higher education. or
        (2) on residential or commercial property
; or
        (3) in agricultural machinery or irrigation systems.

    (b) As used in this chapter, "valuable metal dealer" means any individual, firm, corporation, limited liability company, or partnership engaged in the business of purchasing and reselling valuable metal either at a permanently established place of business or in connection with a business of an itinerant nature, including junk shops, junk yards, junk stores, auto wreckers, scrap metal dealers or processors, salvage

yards, collectors of or dealers in junk, and junk carts or trucks.
    (c) As used in this chapter, "purchase" means acquiring a valuable metal product or products by a valuable metal dealer in a single transaction of one hundred dollars ($100) or more for a consideration, but does not include purchases between scrap metal processing facilities (as defined in IC 8-12-1-3(d)). IC 8-23-1-36).

SOURCE: IC 25-37.5-1-3; (08)IN1255.1.2. -->     SECTION 2. IC 25-37.5-1-3, AS AMENDED BY P.L.2-2007, SECTION 351, AND AS AMENDED BY P.L.170-2007, SECTION 3, IS CORRECTED AND AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2008]: Sec. 3. The superintendent of the state police department may adopt rules under IC 4-22-2 as may be necessary to administer and enforce the provisions and intent of this chapter. The superintendent shall also prepare and distribute a list to each valuable metal dealer describing:
        (1) valuable metal products of interest to public utilities, railroads, county, city, or state highway departments, public or private schools, or an a postsecondary educational institution; of higher education. and
        (2) valuable metal products of interest for use on residential or commercial property
; and
        (3) valuable metal products used or usable in agricultural machinery or irrigation systems.