BILL ANALYSIS Ó AB 1508 Page 1 CONCURRENCE IN SENATE AMENDMENTS AB 1508 (Carter) As Amended August 14, 2012 Majority vote ----------------------------------------------------------------- |ASSEMBLY: |75-0 |(May 14, 2012) |SENATE: |39-0 |(August 20, | | | | | | |2012) | ----------------------------------------------------------------- Original Committee Reference: B.,P. & C.P. SUMMARY : Revises the exemption on the purchase of nonferrous materials with a value of $20 or less from certain payment restrictions by requiring that the majority of the transaction be for the redemption of beverage containers and prohibiting the purchase of materials made of copper or copper alloys, as specified. The Senate amendments are technical and clarifying and add language to avoid chaptering out issues with AB 1583 (Roger Hernández). EXISTING LAW : 1)Requires junk dealers and recyclers to keep written records of all sales and purchases made in the course of their business, and makes a violation of recordkeeping requirements a crime. 2)Prohibits a junk dealer or recycler from providing payment for nonferrous materials unless the payment is made by mailed check or cash or the check is provided three days after the date of sale, and the dealer or recycler obtains a photograph or video of the seller and certain other identifying information, as specified, and retains this information for a specified period of time. 3)Exempts from payment restrictions the redemption of nonferrous materials with a value under $20 if the primary purpose of the transaction is the redemption of beverage containers, as specified. 4)Provides for the California Beverage Container Recycling and Litter Reduction Act administered by the Division of Recycling in the Department of Resources Recycling and Recovery. AB 1508 Page 2 AS PASSED BY THE ASSEMBLY , this bill was substantially similar to the version passed by the Senate. FISCAL EFFECT : Unknown. This bill is keyed non-fiscal by the Legislative Counsel. Analysis Prepared by : Angela Mapp / B.,P. & C.P. / (916) 319-3301 FN: 0005163