Senate Bill 226

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Last Action to Veterans, Military Affairs, & Public Protection (S)
Title AN ACT relating to pawnbrokers.
Bill Documents Bill
Bill Request Number 821
Sponsors R. Webb, R. Thomas
Summary of Original Version Amend KRS 226.040 to expand requirements of pawnbroker registry; establish that a pawnbroker registry must include proof of verification of seller identity; require a signed statement of ownership on the part of the seller; require that this statement include notice that signing a false statement in regards to the ownership of property may be a violation of KRS Chapter 514; prohibit a pawnbroker from conducting business with a seller who is unable or refuses to provide identification; limit the inspection of a pawnbroker’s registry by law enforcement to normal business hours; provide that these registry requirements are in addition to any recordkeeping requirements mandated by local ordinance; create a new section of KRS Chapter 226 to require pawnbrokers to create and maintain a record of sale for use by law enforcement; require that the record of sale information be made available upon request to an officer of the Commonwealth in the discharge of his or her official duty; provide that this information is confidential; prohibit the use of a record of sale for anything but criminal investigation by law enforcement; amend KRS 226.050 to allow for the electronic transmission of notice of sale; amend KRS 226.070 to expand the pawnbroker's duty to make a report of all goods received to law enforcement to include pawnbrokers located in an urban-county or consolidated local government area.
Index Headings of Original Version Loans and Credit - Pawnbroker, electronic communication, notice of sale
Loans and Credit - Pawnbroker, identification requirements, registry
Local Government - Pawnbroker, law enforcement, changes to reporting requirement
Peace Officers and Law Enforcement - Pawnbrokers, changes to registry requirements
Police, City and County - Pawnbroker, changes to registry requirements
Police, State - Pawnbroker, changes to registry requirements
Sales - Pawnbroker, verification requirements, registry
Trade Practices and Retailing - Pawnbroker, electronic communication, notice of sale
Trade Practices and Retailing - Pawnbroker, verification requirements, prohibition against sale or deposit of collateral
Consolidated Local Governments - Pawnbroker, law enforcement, changes to reporting requirements
Counties, Urban - Pawnbroker, law enforcement, changes to reporting requirements

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03/06/14
  • introduced in Senate
03/11/14
  • to Veterans, Military Affairs, & Public Protection (S)


Last updated: 1/16/2019 3:18 PM (EST)