AOJ Bills of Interest
May 26, 2016
AOJ Bill of Interest
Junk dealers and recyclers: nonferrous materials.
AB 2059 (Garcia, E.) – Oppose
As Amended May 3, 2016
AB 2059 by Assembly Member Eduardo Garcia is a measure that would exempt sellers of junk or recycling materials from the three-day wait period for payment if the sellers carry a surety bond of at least $100,000. The theft of metals has devastated both public and private property and has harmed critical public infrastructure. Cities and counties have seen copper wiring stripped from traffic lights raising significant public safety concerns.
After the implementation of the three-day wait period for payment, metal theft declined significantly in California. The removal of the three-day waiting period requirement for all transactions will not improve enforcement and in fact runs contradictory to the efforts to reduce metal theft crimes. AB 2059 passed out of the Assembly Business and Professions Committee with a vote of 12-2. AB 2059 passed out of the Assembly Appropriations Committee with a vote of 19-0 and is now on the Assembly Floor.