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WV HB2346
Bill
Status
2/13/2025
Primary Sponsor
Roy Cooper
Click for details
AI Summary
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Expands the definition of "pawnbroker" to include businesses that purchase items containing gold, silver, platinum, precious metals, or jewels for the purpose of altering, reselling, smelting, or disposing of the property
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Requires pawnbrokers to photograph all property involved in transactions, in addition to existing requirements for seller identification and detailed property descriptions
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Increases penalties for pawnbroker violations from $100-$200 fines to $200-$500 fines per offense
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Mandates that pawnbrokers retain property in its original condition for a minimum of 5 business days after accepting title before altering, disassembling, reselling, smelting, or disposing of items
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Requires pawnbrokers to share transaction records with other law enforcement agencies upon request, even if they already report to local officials under municipal ordinances
Legislative Description
Relating to Pawnbrokers
Professions and Occupations
Last Action
To House Government Adminstration
2/14/2025