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FL S1662
Bill
Status
3/3/2011
Primary Sponsor
Michael Bennett
Click for details
AI Summary
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Transfers regulation of secondhand dealers from the Department of Revenue to the Department of Agriculture and Consumer Services.
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Establishes a statewide central database for pawnbroker and secondhand dealer transactions, requiring both to electronically transfer transaction data by noon each business day.
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Increases registration and renewal fees for both pawnbrokers and secondhand dealers based on transaction volume, with fees capped at actual administrative costs and requiring 30 days' prior notice of adjustments.
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Adds new recordkeeping requirements including digital color photographs of goods and customers, with transaction records maintained for 3 years and copies kept on premises for 1 year.
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Creates an oversight board for the database consisting of 8 members including licensed pawnbrokers, secondhand dealers, and law enforcement representatives, with law enforcement accessing the database free of charge.
Legislative Description
Pawnbroker and Secondhand Dealer Transactions
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011