CT HB05506

Amends Connecticut General Statutes Section 21-100(l) to increase the holding period for non-bullion and non-coin property acquired by precious metals and stones dealers from five days to thirty days before sale or disposition.

Prohibits licensing authorities from requiring dealers to retain property for longer than thirty days after acquisition.

Allows licensing authorities to grant exemptions from the thirty-day holding requirement for good cause shown.

Takes effect October 1, 2018.