House Bill 5894 Summary

• Amends the pawnbroker licensing law to require pawnbrokers to include a writing on transaction record forms that requires pawners to list their race according to the Race and Ethnicity Data Collection Act.

• Changes statutory language from "shall" to "must" in subsections (2) and (3) describing pawnbroker record-keeping requirements.

• Replaces the phrase "within 48 hours" with "not more than 48 hours" when describing the deadline for sending transaction records to local police agencies.

• Modifies the standardized transaction record form to remove outdated racial categories (W, B, O checkboxes) and replace them with compliance to the Race and Ethnicity Data Collection Act standards.

• Bill's effectiveness is contingent upon enactment of a companion Senate or House bill (request no. 06132'24) in the 102nd Legislature.