Connecticut 2012 Regular Session

Connecticut Senate Bill SB00195

Introduced
2/22/12  
Introduced
2/22/12  
Refer
2/22/12  
Refer
2/22/12  
Report Pass
3/1/12  
Report Pass
3/1/12  
Refer
3/12/12  
Refer
3/12/12  
Report Pass
3/19/12  
Report Pass
3/19/12  
Refer
4/10/12  
Report Pass
4/16/12  
Report Pass
4/16/12  
Report Pass
4/18/12  
Report Pass
4/18/12  
Engrossed
5/2/12  
Engrossed
5/2/12  
Report Pass
5/4/12  
Report Pass
5/4/12  
Chaptered
5/17/12  
Chaptered
5/17/12  
Enrolled
5/22/12  
Enrolled
5/22/12  
Passed
6/6/12  

Caption

An Act Concerning The Storage Of Stolen Property By Law Enforcement Agencies And The Payment For Property Received By Precious Metals Or Stones Dealers.

Impact

The legislation fundamentally amends existing statutes, particularly emphasizing the requirement for law enforcement to maintain accurate inventories for seized property, which facilitates better tracking and accountability. Additionally, the bill stipulates that engaging in the purchase of precious metals or stones without appropriate licensing results in significant legal consequences, reinforcing the need for compliance within this sector. These measures are expected to decrease the likelihood of illegal activities associated with stolen property and improve public trust in law enforcement handling of such cases.

Summary

Senate Bill 195, referred to as An Act Concerning The Storage Of Stolen Property By Law Enforcement Agencies And The Payment For Property Received By Precious Metals Or Stones Dealers, presents a structured approach to handling and regulating precious metals dealers and the management of stored stolen property. This bill seeks to enhance accountability for law enforcement agencies in terms of property handling and establishes a framework for licensing precious metals dealers. Under the new regulations, a clearer distinction is made about what property needs to be reported and how transactions are to be conducted legally and safely.

Sentiment

The sentiment regarding SB 195 appears to be overwhelmingly positive among lawmakers, evidenced by the unanimous support during the voting process, with 36 votes in favor and none against. Supporters argue that the bill strengthens regulatory oversight of the precious metals market and enhances law enforcement's ability to manage stolen property effectively. However, some concerns were raised regarding the burdens placed on dealers regarding licensing and record-keeping, which may pose operational challenges for smaller businesses.

Contention

Notable points of contention include the balance between regulation and business operations for dealers of precious metals. While proponents view stringent licensing and record-keeping as necessary steps to curb theft-related activities and ensure public safety, critics argue that such regulations might impose excessive burdens and could discourage legitimate business transactions. The discussions underscored the need to find a middle ground that provides adequate protection against crime while not hindering economic opportunities for lawful dealers.

Companion Bills

No companion bills found.

Previously Filed As

CT HB05171

An Act Concerning The Waiver Of Interest On Certain Delinquent Property Tax Payments.

CT SB00452

An Act Concerning The Property Tax Appeals Process And The Penalty Related To The Submission Of Income And Expenses Information For Rental Properties.

CT SB00335

An Act Concerning Short-term Rental Properties.

CT SB00393

An Act Implementing The Treasurer's Recommendations Concerning Unclaimed Property.

CT HB05172

An Act Concerning The Assessment Of Motor Vehicles For Property Taxation.

CT HB05396

An Act Limiting The Assessment Of Interest On Certain Delinquent Property Tax Payments.

CT SB00426

An Act Concerning Court Operations And Administrative Proceedings.

CT HB05297

An Act Concerning The Decriminalization Of Possession Of Small Amounts Of Psilocybin.

CT HB05477

An Act Concerning Penalties For Blight Upon Real Property, Municipal Agreements To Fix Assessments And A Personal Property Tax Exemption.

CT HB05167

An Act Concerning Property Tax Abatement For Certain First-time Homebuyers.

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