Establishes crime of selling certain counterfeit items; establishes enhanced penalties for crime if committed against senior citizen.
Bill A4376 creates a new third-degree crime for deceiving customers about the value of gold, silver, or precious metal coins or bullion. It specifically targets sellers who falsely claim items contain precious metals, use fake grading holders resembling legitimate ones, or alter coins to inflate value. Convicted sellers must pay victims triple the damages suffered, and if the victim is a senior (62+), offenders face mandatory prison time of at least one year with no parole eligibility. The bill directly affects sellers of precious metal items and aims to protect vulnerable seniors from fraud.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2026
Last action Feb 19, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 19, 2026
Introduced
Introduced, Referred to Assembly Aging and Human Services Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Alex Sauickie
RRepublican
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