Synopsis As Introduced Amends the Illinois Vehicle Code. Provides that licensed dealers, financing affiliates, parts recyclers, scrap processors, repairers, rebuilders, and out-of-state salvage vehicle buyers shall retain records relating to the acquisition or disposition of tire rims and catalytic converters, including the date of the acquisition of each tire rim or catalytic converter and the name and address of the person from whom the tire rim or catalytic converter was acquired and, if that person is a dealer, the Illinois or out-of-state dealer license number of such person. Provides that, if the tire rim or catalytic converter being acquired is from a person other than a dealer, the licensee shall verify and record that person's identity by recording the identification numbers from at least 2 sources of identification, one of which shall be a driver's license or State identification card.
Replaces everything after the enacting clause. Amends the Recyclable Metal Purchase Registration Law. Imposes restrictions concerning the acquisition and disposition of catalytic converter contents, steel wheels, and aluminum wheels upon recyclable metal dealers rather than licensed vehicle dealers, financing affiliates, parts recyclers, scrap processors, repairers, rebuilders and out-of-state salvage vehicle buyers. Authorizes a fine of $1,000 or the value of the unlawfully recycled metal, whichever is greater, for a first offense and a fine of $5,000 or 3 times the value of the unlawfully recycled metal, whichever is greater, for a second or subsequent offense. Authorizes the Department of Revenue to initiate an action to prevent the unlawful operation of a recyclable metal dealer.