Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0.).
Summary
The bill broadens the definition of a secondhand dealer, removing the word “principal” so any person or business that buys, sells, trades, auctions, or pawns tangible personal property must obtain a state license and report acquisitions to the California Pawn and Secondhand Dealer System. It also expands the definition of tangible personal property to include secondhand jewelry and items with serial numbers, and eliminates the “significant class of stolen goods” carve‑out. Local governments may no longer issue their own dealer licenses and the state will not reimburse them for costs related to the program.
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