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House Bill 4011

Enacted House Bill

Permits pawnbroker to charge pledgor $1 fee to renew placement of firearm with pawnbroker.

Introduced: February 03, 2014 Updated: March 18, 2014
Quick info
Chief Sponsor(s) None listed on OLIS.
Regular Sponsor(s) Introduced and printed pursuant to House Rule 12.00. Presession filed
Status Enacted
Session 2014 Regular Session
History

2-3 (H)

First reading. Referred to Speaker's desk.

2-3 (H)

Referred to Business and Labor.

2-10 (H)

Public Hearing held.

2-12 (H)

Recommendation: Do pass with amendments and be printed A-Engrossed.

2-13 (H)

Second reading.

2-13 (H)

Rules suspended. Third reading. Carried by Witt. Passed. Ayes, 55; Nays, 2--Hoyle, Nathanson; Excused, 3--Fagan, Hanna, Richardson.

2-14 (S)

First reading. Referred to President's desk.

2-14 (S)

Referred to General Government, Consumer and Small Business Protection.

2-19 (S)

Public Hearing held.

2-24 (S)

Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)

2-25 (S)

Second reading.

2-26 (S)

Third reading. Carried by Shields. Passed. Ayes, 29; excused, 1--Baertschiger Jr.

2-28 (H)

House concurred in Senate amendments and repassed bill. Ayes, 58; Nays, 1--Barker; Excused, 1--Smith.

3-4 (H)

Speaker signed.

3-4 (S)

President signed.

3-13 (H)

Governor signed.

3-18 (H)

Chapter 54, (2014 Laws): Effective date March 13, 2014.

Overview

  • Permits pawnbroker to charge pledgor $1 fee to renew placement of firearm with pawnbroker.

Key provisions

  • Provides that city or county may not require precious metal secondhand dealer that is also pawnbroker to provide photograph of item of precious metal acquired in transaction. Permits pawnbroker to charge pledgor $1 fee to renew placement of firearm with pawnbroker.
  • Changes required delivery method for notice that pledgor is at risk of forfeiting pledge that secures loan of $1,500 or more from certified mail to regular mail.
  • Requires pawnbroker to bear postal expenses for mailing notice.
  • Becomes operative July 1, 2014.

Penalties / enforcement

  • Not specified in the OLIS summary.

Effective date / timeline

  • Specifies that pledgor’s grace period in which to redeem pledge or renew loan is 30 days after loan period expires or 30 days after mailing date of notice, whichever date is later.
  • Declares emergency, effective on passage.

Exceptions / carve-outs

  • Not specified in the OLIS summary.
Other bills from 2014 Regular Session
  • Allows corrections officer employed by Department of Corrections to lawfully possess firearm in locked trunk, glove compartment, center console or other container in officer's personal vehicle when vehicle is parked in department parking lot, department has not provided secure storage for firearms owned by officers and officer is present at department in official capacity.

  • Modifies requirements for concealed handgun license applicants.

  • Requires person to request criminal background check before transferring firearm to any other person.