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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to codes
- Referred to codes
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Provides that collateral loan brokers shall store firearms in the same manner as gunsmiths and dealers in firearms are required to store them
Assembly Floor Calendar · Sponsor Sam Hoyt
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the penal law, in relation to the storage of firearms by collateral loan brokers
Purpose
To stem the illegal flow of firearms by regulating the pawning, pledging, purchasing and selling of firearms by collateral loan brokers.
Summary of provisions
Section 1 applies laws and regulations of article 400.00 of the Penal Law pertaining to gunsmiths and dealers in firearms to collateral loan brokers.
Section 2 establishes the effective date.
Existing law
Currently, there is no regulation of firearms pawning, pledging, purchasing and selling among collateral loan brokers.
Justification
A 2006 field investigation found that guns that were being sold at pawn shops were offered for sale without necessary protections found at other gun dealers. Investigators were told that they could buy guns even if they were unable to pass the screening required before the purchase of such a gun. This disregard for gun sales safeguards was cause for great concern. This same investigations also found that handguns at pawnshops were not as well protected as those sold at other gun stores. During the freak winter storm that hit Buffalo in October 2006, people were walking away with armloads of guns because security measure which should have been in place were not. That means that guns are being put into the hand of thieves. Unlike a responsible dealer in firearms this example illustrates how little thought and preparation was put into preventing the possibility of gun theft. This bill seeks to create a fair and balanced level playing field of legal safeguards to more adequately protect communities served by second hand dealers.
Legislative history
New bill.
Fiscal implications
None.
Local fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.