Notifications

Online View

2016 Scrap Metal Licensing Program Legislative Update, Scrap Metals Registration 07/18/2016

Is this email not displaying correctly? View it in your browser.

2016 Legislative Update

Tennessee Scrap Metal Registration Program

The Tennessee General Assembly has recently made changes to statutes which may impact you as a registrant with the Tennessee Scrap Metal Registration Program. Pursuant to Tenn. Code. Ann. § 4-3-1306(d), you are receiving this notice because you have elected to receive notification by e-mail of certain changes or potential changes to the law applicable to your profession.  These new changes as set out in the following Public Chapters specifically amend the Tennessee Code Annotated as follows:

Public Chapter 789, requires each location used by a scrap metal dealer that that is required to be registered with the Department and is required to comply with the record-keeping requirements of Tenn. Code Ann. § 55-3-202 regarding the purchase of motor vehicles for parts, dismantling or scrap to pay a $500.00 biennial fee in addition to the fee for a new application or renewal to fund a system developed by the Department of Revenue to verify if such vehicles have been reported stolen. This act took effect on April 12, 2016 and is currently set to expire on June 30, 2017. A copy of the new law is available for review on the website of the Tennessee Secretary of State here: http://share.tn.gov/sos/acts/109/pub/pc0789.pdf.

Public Chapter No. 904 clarifies that no motor vehicle license is required for a person to sell cars to a licensed dismantler and recycler, or scrap metal processor, if the car has been designated as non-repairable. This bill will be of interest to dismantlers and recyclers who purchase vehicles from individuals that are not licensed as a motor vehicle dealer.  This act took effect on July 1, 2016.  A copy of the new law is available for review on the website of the Tennessee Secretary of State here: http://share.tn.gov/sos/acts/109/pub/pc0904.pdf.

Public Chapter 533 provides that a motor vehicle dealer license is not required to purchase nonrepairable vehicles, salvage vehicles, or a combination of nonrepairable and salvage vehicles from an automobile auction if the automobile auction primarily sells motor vehicles on consignment. This act took effect on July 1, 2016. A copy of the new law is available for review on the website of the Tennessee Secretary of State here: http://share.tn.gov/sos/acts/109/pub/pc0533.pdf.

If you have any questions or concerns about these new laws, please contact us by email at reg.boards@tn.gov.

Dept. of Commerce & Insurance | 500 James Robertson Pkwy | Nashville, TN 37243-0565
(615) 741-2241
If you would like to unsubscribe to emails please contact us at Complex_Apps_Team@tn.gov