84R5096 TSR-D
By: Creighton S.B. No. 437
A BILL TO BE ENTITLED
AN ACT
relating to the method of payment for regulated material purchased
by a metal recycling entity.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1956.038(b), Occupations Code, is
amended to read as follows:
(b) A metal recycling entity may only [not] pay for a
purchase of regulated material by check mailed to the seller at the
address shown on the seller's personal identification document [in
cash if:
[(1) the entity does not hold a certificate of
registration under Subchapter A-2 and, if applicable, a license or
permit required by a county, municipality, or other political
subdivision as authorized under Section 1956.003(b); or
[(2) the entity has been prohibited by the department
from paying cash under Section 1956.036(e)].
SECTION 2. The following sections of the Occupations Code
are repealed:
(1) Section 1956.036(e); and
(2) Sections 1956.038(c) and (d).
SECTION 3. This Act takes effect September 1, 2015.