Bill Text: NY A00662 | 2015-2016 | General Assembly | Amended

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Bill Title: Relates to recordkeeping requirements for second-hand dealers, scrap processors and pawnbrokers.

Spectrum: Slight Partisan Bill (Democrat 4-2)

Status: (Introduced - Dead) 0000-00-00 - [A00662 Detail]

Download: New_York-2015-A00662-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         662--A
                               2015-2016 Regular Sessions
                   IN ASSEMBLY
                                       (Prefiled)
                                     January 7, 2015
                                       ___________
        Introduced  by  M. of A. BRAUNSTEIN, SIMOTAS -- Multi-Sponsored by -- M.
          of A. MARKEY, McKEVITT, MONTESANO, RODRIGUEZ -- read once and referred
          to the Committee on Economic Development -- recommitted to the Commit-
          tee on Economic Development in accordance with Assembly Rule 3, sec. 2
          -- committee discharged, bill amended, ordered  reprinted  as  amended
          and recommitted to said committee
        AN  ACT  to amend the general business law, in relation to recordkeeping
          requirements for second-hand dealers and pawnbrokers
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. The general business law is amended by adding a new article
     2  5-B to read as follows:
     3                                 ARTICLE 5-B
     4             RECORDKEEPING REQUIREMENTS FOR SECOND-HAND DEALERS
     5                               AND PAWNBROKERS
     6  Section 57.   Reports to the secretary of state.
     7          57-a. Record of purchases and sales.
     8          57-b. Electronic reporting to the secretary of state.
     9          57-c. Penalties.
    10    §  57. Reports to the secretary of state.  Every dealer in second-hand
    11  articles who deals in the purchase or sale of any  second-hand  manufac-
    12  tured  article comprised wholly or in part of gold, silver, platinum, or
    13  other precious metals, or deals in the purchase or sale of any old gold,
    14  silver, platinum or other precious metals, or deals in the  purchase  of
    15  articles or things comprised of gold, silver, platinum or other precious
    16  metals  for the purpose of melting or refining, or deals in the purchase
    17  or sale of used electrical appliances excluding kitchen  appliances,  or
    18  deals  in the purchase or sale of any used electronic equipment, comput-
    19  ers or component parts of electronic equipment or computers, shall  make
    20  available  to  the  secretary  of  state the records required to be kept
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02324-04-6