Bill > HB382

This bill establishes clear recordkeeping requirements for secondhand dealers and pawnbrokers in Hawaii, mandating that both types of businesses must retain transaction records for two years after the date of sale or maturity date. The legislation aims to provide law enforcement with sufficient time to investigate potential criminal activities while avoiding unnecessary burden on businesses by preventing indefinite record retention. Specifically, the bill requires that these records be kept on the business premises and be available for inspection at any time by the treasurer, chief of police, or their authorized representatives. The bill recognizes the important role these businesses play in local economies by reusing and recycling valuable items and seeks to modernize and standardize their regulatory requirements. By setting a specific two-year retention period, the legislation balances the needs of law enforcement with the practical concerns of small businesses, potentially reducing paper and electronic waste while maintaining a clear record of transactions for potential investigative purposes.

Business and Industry

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=382&year=2026