Bill > S125

This bill establishes new regulations for second-hand dealers, outlining licensing requirements, inspection powers for law enforcement, and penalties for violations. It specifies that local authorities, such as police commissioners or city aldermen, can license individuals to operate as second-hand dealers, with the ability to revoke these licenses. Law enforcement officers are granted the right to enter a dealer's premises at any time to inspect their business operations, inventory, and records, and dealers are required to cooperate fully by exhibiting all requested items. The bill also details penalties for refusing entry or failing to provide requested information, including fines and potential imprisonment. Furthermore, it sets a maximum fee of one hundred dollars for a second-hand dealer license and requires a bond of three hundred dollars to ensure the dealer's adherence to business obligations. A key provision mandates that dealers maintain a detailed record of all purchases, including a description of the item, the price paid, the time of purchase, and the seller's name and address, all written in English. Dealers must also photograph individuals selling items and keep these photos with their records. These records must be made available for inspection by designated officials. The bill also states that dealers are liable for losses if they purchase stolen goods and that such items can be reclaimed by their rightful owners. Violations of these provisions can result in fines ranging from fifty to three hundred dollars or imprisonment for up to two months, or both.