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SB297 Alabama 2010 Session

Updated Jul 26, 2021
SB297 Alabama 2010 Session
Senate Bill
In Committee
Current Status
Regular Session 2010
Session
1
Sponsor

Summary

Session
Regular Session 2010
Title
Secondary metal recyclers, copper, cash transactions limited, three year limit removed, Secs. 13A-8-31 am'd.
Description

Existing law provides that for three years following September 1, 2007, a secondary metals recycler shall not enter into any cash transaction in excess of $100 for copper and $1,000 for other metals. Effective September 2, 2010, a secondary metals recycler may not enter into a cash transaction for any metals in excess of $1,000.

This bill would delete the change in the law effective September 2, 2010, so that cash transactions for copper in excess of $100 would continue to be prohibited.

Amendment 621 of the Constitution of Alabama of 1901, now appearing as Section 111.05 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, prohibits a general law whose purpose or effect would be to require a new or increased expenditure of local funds from becoming effective with regard to a local governmental entity without enactment by a 2/3 vote unless: it comes within one of a number of specified exceptions; it is approved by the affected entity; or the Legislature appropriates funds, or provides a local source of revenue, to the entity for the purpose.

The purpose or effect of this bill would be to require a new or increased expenditure of local funds within the meaning of the amendment. However, the bill does not require approval of a local governmental entity or enactment by a 2/3 vote to become effective because it comes within one of the specified exceptions contained in the amendment.

Subjects
Crimes and Offenses

Bill Actions

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund

Bill Text

Documents

Source: Alabama Legislature