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S.B. 212

             1     

PAWN SHOP AMENDMENTS

             2     
2010 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Chief Sponsor: Jon J. Greiner

             5     
House Sponsor: Rebecca D. Lockhart

             6     
             7      LONG TITLE
             8      General Description:
             9          This bill modifies the Pawnshop and Secondhand Merchandise Transaction Information
             10      Act regarding businesses required to participate in the state register.
             11      Highlighted Provisions:
             12          This bill:
             13          .    requires, on and after January 1, 2011, that all pawn and secondhand businesses,
             14      regardless of the number of transactions, participate in the state register of
             15      merchandise and pawned articles.
             16      Monies Appropriated in this Bill:
             17          None
             18      Other Special Clauses:
             19          None
             20      Utah Code Sections Affected:
             21      AMENDS:
             22          13-32a-107, as last amended by Laws of Utah 2007, Chapter 352
             23     
             24      Be it enacted by the Legislature of the state of Utah:
             25          Section 1. Section 13-32a-107 is amended to read:
             26           13-32a-107. Deadline for registers to be electronic -- Notice for updating.
             27          (1) (a) On and after January 1, 2005, each pawn and secondhand business in the state


             28      that generates 10 or more pawn transactions per month or 50 or more sales transactions per
             29      month shall maintain the register in an electronic format that is compatible with the central
             30      database computer system.
             31          (b) On and after January 1, 2011, each pawn and secondhand business in the state shall
             32      maintain the register in an electronic format that is compatible with the central database
             33      computer system.
             34          (2) (a) (i) On and after January 15, 2005, pawn and secondhand businesses under
             35      Subsection (1)(a) are subject to an administrative fine of $50 a day for each daily report
             36      required under Section 13-32a-106 that is submitted as a written report rather than
             37      electronically.
             38          (ii) On and after January 1, 2011, pawn and secondhand businesses under Subsection
             39      (1)(b) are subject to an administrative fine of $50 a day for each daily report required under
             40      Section 13-32a-106 that is submitted as a written report rather than electronically.
             41          (b) Fines imposed under this section shall be paid to the division, which shall deposit
             42      the fines in the account.
             43          (3) The operators of the central database shall establish written procedures in
             44      conjunction with the Pawnshop and Secondhand Merchandise Advisory Board to ensure that
             45      when the central database is upgraded, the affected pawn and secondhand businesses will
             46      receive adequate notice, information, and time to upgrade their computer systems so the
             47      systems are compatible with the upgraded central database.




Legislative Review Note
    as of 2-8-10 4:15 PM


Office of Legislative Research and General Counsel


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