Secondhand dealers.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Passed
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill modifies regulations for secondhand dealers in California by removing the requirement that their business be ‘principal.’ It expands the definition of ‘tangible personal property’ to include secondhand jewelry and objects, and deletes the definition of ‘significant class of stolen goods.’ The bill also prohibits cities and counties from issuing licenses to secondhand dealers without a state license and requires them to report acquisitions to the California Pawn and Secondhand Dealer System (CAPSS).
Key provisions
- Removes the ‘principal’ requirement for secondhand dealer licensing.
- Expands the definition of ‘tangible personal property’ to include secondhand jewelry, items, and objects.
- Deletes the definition of ‘significant class of stolen goods.’
- Requires secondhand dealers to report acquisitions to the CAPSS system.
- Prohibits local agencies from issuing licenses to secondhand dealers without a state license.
- Specifies reporting requirements for firearms.
- Addresses the retention period for property held by secondhand dealers.
- Clarifies the scope of exemptions for coins, bullion, and precious metals.
Who is affected
- Secondhand dealers
- Coin dealers
- Law enforcement agencies
- Local governments (cities, counties)
- The Department of Justice
Notable changes
Bill text
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