CT SB00195

Increases the threshold for law enforcement agencies to return stolen property without filing an inventory from $250 to $1,000 in value.

Requires precious metals or stones dealers to be licensed by their municipality and pay a $10 annual fee.

Prohibits precious metals or stones dealers from paying cash for property; only check or money order payments are allowed, with violations classified as a Class A misdemeanor.

Requires dealers to keep detailed transaction records including property description, price, seller's name and address, date and time, and form of identification received.

Allows dealers previously licensed as pawnbrokers as of March 31, 2011 to continue using cash payment methods authorized for pawnbrokers until July 1, 2021.