2014 House Bill 5835

Mandate precious metal and gem dealers state transaction reports

Introduced in the House

Sept. 18, 2014

Introduced by Rep. Mike Callton (R-87)

To revise a law that mandates precious metal and gem dealers provided detailed transaction reports to local law enforcement agencies, instead requiring these be sent to the state and placed in a state database the bill would authorize. The bill would also impose an annual levy of up to $250 on each location maintained by a dealer.

Referred to the Committee on Financial Services