Scrap metal rules under review
DENVER — Beefed-up regulations to prevent scrap metal thefts appear to be on their way to approval in Colorado.
The state House voted 61-4 today for a bill aimed at preventing scrap metal thefts. High prices for copper and other metals have led to a rash of metal thefts at construction sites, power grid stations and other locations.
House Bill 1130 aims to keep better track of who’s selling scrap metal by requiring photo IDs of the sellers. Scrap metal buyers would have to set commodity metals aside for five days to give police more time to track metals reported as stolen.
The bill also makes it illegal for scrap buyers to pay cash for metal purchases over $300. The bill doesn’t apply to silver, gold or platinum. It now heads to the Senate.