The Senate Judiciary Committee heard Sen. Head’s SB 196 on electronic reporting of valuable metal purchases. The bill does the following:
- makes a metals business immune from civil liability arising from the disclosure of information concerning valuable metal purchases if the information is disclosed through a computer system breach and the breach is caused by a person other than, and without the knowledge or consent of, the metals business
- makes it a Class A misdemeanor for a metals business to knowingly or intentionally fail to comply with record keeping or reporting requirements
- makes it a Class A misdemeanor for a person to recklessly sell or attempt to sell stolen valuable metal to a metals business.
The committee amended the bill to remove the criminal provisions. Representatives from the scrap metal industry testified in support of the bill. The amended bill passed 8-0.
Read the bill at http://iga.in.gov/legislative/2019/bills/senate/196