NEW YORK A
three-day waiting period for payment for certain scrap metal
items has been added to legislation that is now before the
Michigan House of Representatives.
Two bills were passed
by the House Regulatory Reform Committee this week after they
"underwent major revisions during the summer," according to
committee member Rep. Klint Kesto.
H.B.4593, sponsored by
Rep. Paul Muxlow, outlines requirements for both sellers and
buyers of scrap metals and includes an expanded list of items
that dealers cannot buy unless the seller has proper
authorization. H.B. 4595, sponsored by Rep. Rashida Tlaib,
establishes penalties for failure to comply with the law.
"Revisions in the
measures call for a three-day waiting period for payment when
sellers are turning in copper, air-conditioning components or
catalytic converters for recycling, which are the materials
most subject to theft," Kesto said in a statement.
Scrap companies also
would be required to record the name of employees weighing and
purchasing scrap metals, and ensure workers review alerts from
metal theft databases on a daily basis.
"These bills tighten
regulations by including all types of scrap metals, not just
nonferrous. It gets rid of the instant cash attraction by
delaying payment for catalytic converters, air conditioners and
copper wire, as well as requiring a photo of the metals being
purchased, training of all scrapyard employees, and identifying
the employee that weighs and inspects the material on the
scale," Tlaib said in a statement
Kesto said that he and
other committee members met with scrap metals industry
stakeholders while revising the legislation. "Mostly, this
legislation focuses on the ability to prosecute theft. ... We
wanted legislation that will allow scrap metal recyclers to
operate freely in Michigan with certain safeguards," he