VA HB1528 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 22 2010 - 25% progression, died in committee
Action: 2011-02-08 - House: Left in General Laws
Pending: House General Laws Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Precious metals dealers; daily reports. Requires every dealer to prepare a daily report containing certain information and to file such report by noon of the following day with the chief of police or other law-enforcement officer of the county, city or town where his business is conducted designated by the local attorney for the Commonwealth to receive it. The bill allows a dealer to compile and maintain the daily report in an electronic format and, if so maintained, to file the required daily report electronically with the appropriate law-enforcement officer through use of a disk, electronic transmission, or any other electronic means of reporting approved by the law-enforcement officer. Any local governing body may, by ordinance, require a dealer to maintain and file a daily report electronically through the use of a disk, electronic transmission, or any other electronic means of reporting approved by the law-enforcement officer. The bill allows a dealer to charge a service fee per transaction for making the daily electronic reports to the appropriate law-enforcement officers and for creating and maintaining the electronic records. Such fee shall not exceed five percent of the amount paid by the dealer for an item or $3, whichever is less. The bill requires the Superintendent of State Police to adopt regulations for the uniform reporting of information required by this section. The bill also contains technical amendments.

Tracking Information

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Title

Precious metals dealers; required to prepare daily reports.

Sponsors


History

DateChamberAction
2011-02-08 House: Left in General Laws
2010-12-22 House: Referred to Committee on General Laws
2010-12-22 House: Prefiled and ordered printed; offered 01/12/11 11100156D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
5414101(n/a)See Bill Text
5414101.01(n/a)See Bill Text

Virginia State Sources


Bill Comments

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