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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: jerryab   😊 😞
Number: of 4460 
Subject: Re: US Copper tariff to be 50%
Date: 07/08/25 4:13 PM
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abandoned houses and new construction will become even greater targets for looters than they are now.

Not in MN.

"In Minnesota, a new law requires most individuals and businesses to obtain a license to sell scrap metal copper, effective January 1, 2025. This law aims to curb copper theft by making it more difficult to sell stolen copper. The license, costing $250, is issued by the Minnesota Department of Commerce. Certain groups, like licensed electricians and those in the construction trades, are exempt if they already hold a relevant state license. Additionally, residents can bring in up to $25 worth of scrap copper wire for sale without a license on the first Friday of April and October.
Here's a more detailed breakdown:
Licensing Requirement:
Most individuals and businesses selling scrap metal copper must now have a state-issued license.

Purpose:

The law is designed to address copper theft, which has been a significant problem, particularly with thefts from streetlights and other infrastructure.

Cost:

The license costs $250, according to FOX 9 Minneapolis-St. Paul.

Exemptions:

Those already holding a license as an electrician or in other relevant trades (as defined in Minnesota Statutes, Chapter 326B or Section 1031.501) are exempt.

Limited Exceptions:

Residents can sell up to $25 worth of scrap copper wire without a license on the first Friday of April and October.

Enforcement:

The Department of Commerce is responsible for issuing licenses and enforcing the law.

Copper Seller License / Minnesota Department of Commerce

Beginning January 1, 2025, you must have a license in order to sell scrap metal copper, unless you qualify for one of the exceptio...

Lake State Recycling

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