Increase Transparency with Regard to Pawnshops
|Sponsor:||Representative Matt Harrington, House 19|
|Bill #:||LD 1290|
UPDATE: This bill has been passed and signed into law by Governor Mills. New law language.
Current law requires pawnbrokers to provide before the 15th day of every month to the law enforcement agency of jurisdiction a summary of the pawn transactions entered into during the preceding month. This bill requires pawnbrokers within 10 days of a pawn transaction to submit a report of the transaction to the law enforcement agency of jurisdiction and to a regional property and recovery tracking system administered by a regional law enforcement agency, currently the Regional Information Sharing Systems Program administered by the New England State Police Information Network, listing information concerning the consumer or seller in the transaction and of every item pawned or sold in the transaction. This bill makes a violation of the reporting requirements a Class E crime.