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OH HB288
Bill
Status
9/29/2009
Primary Sponsor
Kathleen Chandler
Click for details
AI Summary
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Require pawnbrokers and precious metal dealers to obtain copies of personal identification cards and thumbprints from customers pledging or selling items, and provide this information daily to local law enforcement agencies.
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Increase property retention periods from 72 hours to 7 days for pawned items and from 15 days to 30 days for purchased items before licensees can dispose of goods.
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Prohibit pawnbrokers and dealers from accepting items from minors, intoxicated persons, suspected thieves, those without valid identification, or property with removed/defaced serial numbers.
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Modify procedures for returning allegedly stolen property to true owners, allowing law enforcement to seize and hold property as evidence, with pawnbrokers permitted to file civil actions within 30 days to contest return of property.
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Repeal section 4727.21 and amend multiple sections of the Revised Code governing pawnbroker and precious metals dealer licensing and operations in Ohio.
Legislative Description
To make changes in laws regulating pawnbrokers and precious metal dealers to revise item information furnished to local law enforcement agencies and, under the Precious Metal Dealer Law, specify which local law enforcement agencies are to receive item information; to restrict the type of property received or purchased; to require specified proof of identity of persons pledging, redeeming, or from whom property is purchased; to increase property retaining periods, including the period an item must be retained if there is probable cause that it is stolen property; and to modify procedures and authorized civil actions in connection with returning pledged or purchased property to its true owner.
Pawnbrokers/precious metal dealers- regulatory monitoring
Last Action
To Civil & Commercial Law
9/29/2009