SF 2287: Relating to used catalytic converter transactions, providing penalties, and making penalties applicable

What it does

Current law generally requires all scrap metal transactions with a scrap metal dealer to meet certain requirements. A person who sells the scrap metal must provide identifying information to the scrap metal dealer and the dealer must keep a confidential record of each transaction. In addition, payments for the scrap metal must be made by check or electronic funds transfer. A person who violates these provisions is subject to a civil penalty of between $100 and $1,000. These provisions do not apply to the sale of catalytic converters totaling $75 or less, or to the sale of other scrap metal totaling $50 or less.

Lobbying · 9 for, 2 against

For: Allied Insurance; American Property Casualty Insurance Association (APCIA); Iowa Automobile Dealers Association; Iowa Automobile Recyclers Association; Iowa County Attorneys Association; Iowa Independent Automobile Dealers Association; Iowa Police Chief Association (FKA Iowa Police Executive Forum); Nationwide Agribusiness; Nationwide Mutual Ins. Co.

Against: Alter Trading Corporation; Iowa Association of Business and Industry (ABI)

In plain words

1. February 16, 2022Filed in the Senate
2. February 16, 2022Approved by the Senate committee
3. March 2, 2022Passed the Senate, 44–4
4. April 12, 2022Took the place of HF 2387 on the House floor (the same legislation)
5. April 12, 2022Passed the House, 88–5
6. May 2, 2022Passed the Senate, 42–3
7. May 24, 2022Sent to the Governor
8. May 24, 2022Signed into law