Pawnbrokers & precious metals dealers; records required to be maintained, daily electronic reports. (HB1510)

Introduced By

Del. Jim Scott (D-Merrifield)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Pawnbrokers and Precious Metals Dealers; records required to be maintained; electronic reports.  Requires pawnbrokers and precious metals dealers to take a photograph or digital image of (i) the person pawning or pledging or selling an article, precious metal or gem taken at the time of the transaction and (ii) the article, precious metal or gem pawned or pledged or sold. The bill also requires the pawnbrokers and precious metals dealers to submit a daily report containing information on transactions to law-enforcement officials by electronic means. Currently, for pawnbrokers the requirement to submit electronic reports is a local option and precious metals dealers are required to mail or deliver the report within 24 hours of the transaction. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/17/2010Committee
12/17/2010Prefiled and ordered printed; offered 01/12/11 11100615D
12/17/2010Referred to Committee on General Laws
01/12/2011Assigned GL sub: #4 Professions/Occupations and Administrative Process
02/01/2011Subcommittee recommends laying on the table (5-Y 3-N)
02/01/2011Subcommittee recommends laying on the table
02/08/2011Left in General Laws