SENATE BILL NO. 425

August 20, 2019, Introduced by Senator LUCIDO and referred to the Committee on Government Operations.

A bill to amend 1917 PA 273, entitled

"An act to regulate and license pawnbrokers that conduct business in this state; to provide for the disposition of allegedly misappropriated property in the possession of pawnbrokers; to provide remedies and prescribe penalties; and to provide for the powers and duties of certain local governmental units and state agencies,"

(MCL 446.201 to 446.219) by adding section 15.

the people of the state of michigan enact:

Sec. 15. (1) A pawnbroker that receives a pistol for pawn must obtain a pistol sales record from the customer and retain that record for the duration of the loan.

(2) A pawnbroker that acquires title to a pawned pistol under section 10 must file the pistol sales record received under subsection (1) with the Michigan state police.

(3) As used in this section:

(a) "Pistol" means that term as defined in section 1 of 1927 PA 372, MCL 28.421.

(b) "Pistol sales record" means a record described in section 2a(2) of 1927 PA 372, MCL 28.422a.

Enacting section 1. This amendatory act takes effect 90 days after the date it is enacted into law.

Enacting section 2. This amendatory act does not take effect unless Senate Bill No. 424

 of the 100th Legislature is enacted into law.