Loading chat...

AR HB2120

Bill

Official Source

Status

Failed

4/27/2011

Primary Sponsor

Kim Hammer

Click for details

Origin

House of Representatives

88th General Assembly (2011 Regular)

AI Summary

  • Adds pawn brokers to the list of exemptions from precious metals regulations under Arkansas Code § 17-23-102, exempting them from chapter requirements
  • Requires persons engaged in buying precious metals to collect and retain the seller's name, address, phone number, and either a photo identification or fingerprint
  • Mandates retention of identification records for a minimum of 12 months and immediate disclosure to law enforcement upon request
  • Creates new section 17-23-105 establishing identification and record-keeping requirements for precious metals purchasers

Legislative Description

Regarding A Pawn Broker Or Pawn Shop Purchasing Precious Metals.

Last Action

House Died in House Committee at Sine Die adjournment.

4/27/2011

Committee Referrals

Judiciary3/7/2011

Full Bill Text

No bill text available