SB 226 (BR 821) - R. Webb, R. Thomas
AN ACT relating to pawnbrokers.
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.
Mar 6-introduced in Senate
Mar 11-to Veterans, Military Affairs, & Public Protection (S)