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
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Additions: Whenever a new statutory provision is being enacted (or a new constitutional
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NEW will appear in that style type in the introductory clause of each SECTION that adds
a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in
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this style type reconciles conflicts
between statutes enacted by the 2007 Regular Session of the General Assembly.
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.