SB 1262 Summary

• Amends pawnbroker reporting requirements in Oklahoma law to allow electronic transmission of buy and pawn transaction reports to local law enforcement through secure Internet sites instead of only providing physical copies.

• Modifies Section 1514 to authorize municipalities to enact regulations for secure electronic transmission of pawnbroker reports, provided such regulations comply with state law.

• Requires that electronically transmitted transaction reports be used solely for law enforcement purposes and remain confidential from public access, review, or distribution.

• Prohibits municipalities and law enforcement agencies from requiring electronic transmission unless it is conducted through a secure Internet site.

• Effective date: November 1, 2012.