S.E.A. 271, P.L. 142-2026
Effective: July 1, 2026
- Adds telecommunications network wire to the definition of “valuable metal” for purposes of Indiana law governing valuable metal dealers.
- Moves existing criminal penalties concerning valuable metals to the criminal code.
- Provides that a person may not sell or attempt to sell, and a valuable metal dealer may not purchase or attempt to purchase, telecommunications network wire in any amount unless specified conditions are satisfied.
- Provides that a person who suffers a pecuniary loss as a result of a violation of Indiana law governing valuable metal dealers may bring a civil action for specified damages against the person who caused the loss.
Read the bill at: https://iga.in.gov/legislative/2026/bills/senate/271/