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AL HB488
Bill
Status
3/6/2012
Primary Sponsor
Allen Treadaway
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AI Summary
HB488 Summary
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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.
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Requires pawnbrokers to make and retain a copy of the pledgor or seller's personal identification card at the time of each pawn transaction.
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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.
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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.
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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