The Institute of Scrap Recycling Industries (ISRI) has released its first “State Metals Theft Statutes” publication, an online compilation of all state laws related to metals theft designed to help scrap recyclers with their compliance obligations under state law. 49 states have implemented laws intended to combat the growth in metals theft over recent years. These laws impose varying requirements – including purchase restrictions, recordkeeping requirements, and oftentimes reporting and hold responsibilities on scrap metal purchasers. ISRI says that the 49 states (Alaska being the exception) have passed laws intended to combat metals thefts, each with varying requirements that affect recyclers. The information will be updated throughout the year as new state laws are passed or amended, ISRI says.
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For more information about ISRI, visit isri.org.