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MO HB2524
Bill
Status
2/10/2016
Primary Sponsor
Shawn Rhoads
Click for details
AI Summary
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Licensed pawnbrokers who fail to transmit required transaction data to the electronic database are guilty of a class B misdemeanor for the first offense and a class A misdemeanor for subsequent offenses.
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Pawnbrokers must transmit all reportable data (pawnshop name/address, pledgor identification, transaction date, and item descriptions) to the database by the end of the following business day.
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Fraudulent access to the pawnbroker database is reclassified from a class D felony to a class C felony.
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Repeals two prior conflicting versions of section 367.031 (from SB 491 and HB 353) and consolidates them into one new section.
Legislative Description
Establishes a penalty for a licensed pawnbroker’s failure to make required reports for goods purchased or pawned.
Last Action
Referred: Public Safety and Emergency Preparedness(H)
4/12/2016