HB2211 Summary

• Requires pawnbrokers and secondhand dealers to complete transaction forms at the time of each transaction and maintain copies for two years (one year if recorded electronically).

• Mandates dealers electronically transmit transaction records to the police department at the end of each business day, with forms containing detailed information about goods, sellers, and transaction amounts.

• Establishes prohibited acts for dealers including falsifying records, refusing inspections, conducting transactions with minors or intoxicated persons, operating outside licensed locations, and conducting business between 11 p.m. and 7 a.m.

• Creates licensing requirements and suspension/revocation procedures, with escalating penalties for violations (1 day suspension for second violation, 7 days for third violation within 12 months, 14 days for fourth or subsequent violations).

• Appropriates general revenue funds to counties for fiscal year 2014-2015 to cover increased administrative costs of licensing and inspection duties.