The bill proposes amendments to Minnesota Statutes regarding the sale of scrap metal, specifically eliminating the requirement for a license to sell scrap metal copper. It amends section 325E.21, subdivision 1b, to enhance the record-keeping requirements for scrap metal dealers. The updated language mandates that dealers create a detailed record of each transaction, including the identity of the employee completing the transaction, while removing the previous requirement for sellers to provide a license to sell copper. Additionally, the bill repeals subdivision 2c, which previously mandated that individuals obtain a valid license from the commissioner to sell scrap metal copper.

By repealing the licensing requirement, the bill aims to simplify the process for individuals looking to sell scrap metal copper, potentially increasing participation in the market. The amendments to the record-keeping requirements are intended to maintain oversight and ensure that transactions are documented accurately, thereby addressing concerns related to the sale of stolen or encumbered scrap metal. Overall, the bill seeks to balance regulatory oversight with the facilitation of trade in scrap metal.

Statutes affected:
Introduction: 325E.21