AZ SB1221

Amends Arizona Revised Statutes § 44-1602 regarding requirements for dealers of precious items.

Adds definition of "permanent place of business" for dealers, requiring it to be a fixed location within a structure or building where the business is wholly carried on, rather than allowing mobile or temporary locations.

Dealers must conduct all purchases only at their permanent place of business as listed on their sales tax license.

Maintains existing requirements for dealers including record-keeping for six months, customer identification, weekly reporting to local law enforcement, and 10-day holding periods for purchased items.

Violation of these requirements remains classified as a class 1 misdemeanor.