โŒ SB242

Regards the sale of used catalytic converters

Current Status: In Senate Committee (Judiciary)

Summary

The bill regulates the sale of used catalytic converters by requiring scrap metal dealers to register with the state, maintain records of transactions, and limits the number of converters that can be purchased from an individual. It establishes penalties for violations, including fines and potential felony charges for theft of catalytic converters. Additionally, it creates a task force to address catalytic converter theft.

Rationale

The bill imposes significant regulations on scrap metal dealers and restricts individual transactions, which conflicts with the Libertarian principles of minimal government intervention and free markets. The penalties and regulatory requirements may also be viewed as an overreach of state power, undermining individual rights and property rights.

Risks and Concerns

  • Increased government oversight and regulation of private business
  • Potential for abuse of power by law enforcement
  • Higher costs for scrap metal dealers due to compliance requirements
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