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AL HB488

Bill

Status

Introduced

3/6/2012

Primary Sponsor

Allen Treadaway

Click for details

Origin

House of Representatives

Regular Session 2012

AI Summary

HB488 Summary

  • Defines "personal identification card" as a driver's license, state ID card, military ID, passport, or U.S. work authorization issued by the Department of Homeland Security.

  • Requires pawnbrokers to make and retain a copy of the pledgor or seller's personal identification card at the time of each pawn transaction.

  • Mandates pawnbrokers to electronically submit records of all pawn transactions from the previous day to the appropriate law enforcement agency by noon each day, excluding Saturdays, Sundays, and state holidays.

  • Allows municipal police chiefs to notify pawnbrokers to transmit records to the county sheriff, with a 45-day notice period before the requirement becomes operative.

  • Becomes effective on the first day of the third month following passage and approval by the Governor.

Legislative Description

Pawnshops, law enforcement agencies, pawnbrokers to make and retain copy of personal indentification card, personal ID card defined, pawnbrokers to report pawn transactions from previous by noon each day, excluding weekends and state holidays, Secs. 5-19A-2, 5-19A-3, 5-19A-5 am'd

Pawnshops

Last Action

Read for the first time and referred to the House of Representatives committee on Financial Services

3/6/2012

Committee Referrals

Financial Services3/6/2012

Full Bill Text

No bill text available