Kentucky House Bill 159 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 3 2012 - 25% progression, died in committee
Action: 2012-03-23 - recommitted to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]

Create new sections of KRS Chapter 226 to require pawnbrokers to create and maintain a register when acquiring precious metals or gemstones; to establish timeframes for holding precious metals and gemstones before such item may be sold, altered, or otherwise disposed of; require criminal background check of persons selling or pawning precious metals or gemstones; and require pawnbrokers to establish a publicly accessible website and post pictures of precious metal or gemstones acquired; amend KRS 226.030 to prohibit a pawnbroker from acquiring precious metals or gemstones from convicted felons; amend KRS 226.990 to provide that, in addition to other penalties, a pawnbroker who acquires or disposes of precious metals or gemstones in violation of KRS Chapter 226 shall be liable to the rightful owner of precious metals or gemstones that have been timely reported as being stolen.

AN ACT relating to pawnbrokers.

Rep. Larry Clark [D]

Rep. Keith Hall [D]

Rep. Sal Santoro [R]

Date	Chamber	Action
2012-03-23		recommitted to Appropriations & Revenue (H)
2012-03-23		taken from the Regular Orders of the Day
2012-03-01		floor amendment (4) filed to Committee Substitute
2012-02-28		floor amendment (3) filed to Committee Substitute
2012-02-24		placed in the Orders of the Day
2012-02-24		taken from Rules
2012-02-21		floor amendment (1) filed to Committee Substitute, floor amendment (2-title) filed
2012-02-16		2nd reading, to Rules
2012-02-15		reported favorably, 1st reading, to Calendar with Committee Substitute
2012-01-20		posted in committee
2012-01-03		to Banking & Insurance (H)
2012-01-03		introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/12RS/HB159.htm
Text	http://www.lrc.ky.gov/record/12RS/HB159/bill.doc