Establishes requirements for receipt and purchase of scrap metals containing lithium-ion or propulsion batteries.

This bill requires scrap metal businesses in New Jersey to verify the identity of sellers and obtain written disclosure about whether scrap metal contains lithium-ion or propulsion batteries (used in vehicles) before purchase. Businesses must inspect scrap metal if sellers claim it contains no such batteries and maintain detailed records of all disclosures and inspections for five years. The law directly affects scrap metal businesses and individuals selling scrap metal, aiming to prevent the theft or improper handling of batteries that could cause fires or environmental harm. It also mandates that businesses provide these records to law enforcement upon request.