the feds are quietly working on national standards for electronic recycling. i mentioned this a few months ago. the large company's are supporting this action. for obvious reasons.
the current 'proposals' would be 3 or 4 separate licenses. primarily covering the various forms of hazardous material that is contained in the material.
it would require the buyer to hold all material for a specified time prior to releasing payment. payment would be company check mailed to vendors address.
it would mandate a receipt from the buyer for any sales of material to any down stream source. a regulated chain of possession and transfer.
now for the really good part.
it would establish minimum guidelines for who would be required to have a license. they are discussing annual sales of only a $1000 requiring licensing.
license requirements. minimum lot and secured building size based on annual revenues.
bond requirements. the lowest i have heard is $1,000,000. part of which would have to be cash. this is heavily supported by the larger company's. would eliminate a large percentage of their competition.
fines and seizure for non compliance.
while some areas of the country are still lax about his industry, others have passed very stringent laws.
they are all broke. they are looking to collect tax revenue in any manner they can and eliminate tax expenditures for the mess some have left. it is true that it is a been a very small percentage, overall, that has been a problem. but the amount required to clean up that mess has been extensive.
theft and property damage due to scrap prices and poor economy has increased dramatically.
the governments response was predictable and predicated.
the only real question left. how long before new regulations are imposed. not if, but when. and just how bad will they be.
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