Relates to recordkeeping requirements for second-hand dealers and pawnbrokers

This bill requires pawnbrokers and second-hand dealers (especially those handling precious metals, electronics, or jewelry) to maintain digital records instead of physical ledgers. Key provisions mandate electronic tracking of all transactions - including item descriptions, buyer/seller details, and loan terms - for a minimum of six years. Authorities like police, the state comptroller, and consumer protection agencies can inspect these records to verify compliance. The law also establishes new electronic reporting requirements to the Secretary of State for specific high-value transactions. These changes aim to improve transparency and enforcement for businesses handling second-hand goods.