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MI HB5919
Bill
Status
9/19/2012
Primary Sponsor
Ellen Lipton
Click for details
AI Summary
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Prohibits second hand or junk dealers from conducting business as pawnbrokers without obtaining a separate pawnbroker license under 1917 PA 273.
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Establishes misdemeanor penalties for unauthorized pawnbroker activities: first violation punishable by 10-90 days imprisonment or $25-$100 fine; second or subsequent violation punishable by 10-90 days imprisonment or $1,000-$2,500 fine.
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Updates terminology in the act to use "person" and "that" instead of references to specific entity types like "corporation" or "copartnership."
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Increases penalties for buying or selling stolen scrap metal: first violation punishable by up to 5 years imprisonment or $5,000 fine; second or subsequent violation punishable by up to 5 years imprisonment or $10,000 fine.
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Provides that licenses of convicted violators are automatically revoked and prohibits them from operating as second hand or junk dealers in Michigan for 1 year after conviction.
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Takes effect only upon enactment of both HB 5918 and HB 5920 in the 96th Legislature.
Legislative Description
Occupations; junk and secondhand dealers; authority to engage in pawn transactions; clarify. Amends secs. 3 & 8 of 1917 PA 350 (MCL 445.403 & 445.408) & adds sec. 7a. TIE BAR WITH: HB 5918'12, HB 5920'12
Occupations, business licensing and regulation
Last Action
Printed Bill Filed 09/20/2012
9/20/2012