On Thursday (05.24.07) I was presented an award from Paul’s Center for Children’s Rights. Pictured with me is Wendall White, Paul Bradley & Paula Owens.
Award: Legislator of the year for Children’s Rights
LCI sub: pawnbroker regulations
My LCI (Labor Commerce & Industry) subcommittee is assigned a bill dealing with Pawn Brokers. I have some concerns with this bill:
1-increases limit of 2,000 to 10,000
This increase will be automatically adjusted to inflation, so we won’t need to revisit the limit in future years. I support this increase yet I don’t see a need for a limit at all. Why does government need to tell a pawnbroker how much he can loan? Last time I checked it is the shop’s money and they are taking the risk.
2-gives pawnbrokers ability to loan on titled items
Currently, a pawn shop can loan money on any item unless it is a titled item. This bill would allow the shop to loan money on titled items as well. I would think it would be fair to allow the pawning on anything the shop can impound whether it is titled or not. I support this portion of the bill.
3-requires finger printing & back ground checks
Big bro will get a background check on owners and all employees. Someone that has been convicted of a felon is not allowed to work in a pawn shop. An employer would not be allowed to give someone a second chance. This bill gives you another example the safety squad mentality in the legislature. Protecting you from yourself. Now, don’t you feel better?
Thursday May 24th Fundraiser
Next Thursday on 5/25 we’re having a fund raiser in Anderson.
to see my sponsors click to see invitation
LCI sub: pawnbroker regulations
My LCI (Labor Commerce & Industry) subcommittee is assigned a bill dealing with Pawn Brokers. I have some concerns with this bill:
1-increases limit of 2,000 to 10,000
This increase will be automatically adjusted to inflation, so we won’t need to revisit the limit in future years. I support this increase yet I don’t see a need for a limit at all. Why does government need to tell a pawnbroker how much he can loan? Last time I checked it is the shop’s money and they are taking the risk.
2-gives pawnbrokers ability to loan on titled items
Currently, a pawn shop can loan money on any item unless it is a titled item. This bill would allow the shop to loan money on titled items as well. I would think it would be fair to allow the pawning on anything the shop can impound whether it is titled or not. I support this portion of the bill.
3-requires finger printing & back ground checks
Big bro will get a background check on owners and all employees. Someone that has been convicted of a felon is not allowed to work in a pawn shop. An employer would not be allowed to give someone a second chance. This bill gives you another example the safety squad mentality in the legislature. Protecting you from yourself. Now, don’t you feel better?
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