SB 5494 - DIGEST

Authorizes the chief of police to require pawnbrokers and second-hand dealers to collect a fee, not to exceed ten dollars or the actual per transaction cost, whichever is less, for each transaction for which each pawnbroker or second-hand dealer is required to record information under RCW 19.60.020.

Authorizes the county's chief law enforcement officer to require pawnbrokers and second-hand dealers to pay the transaction fee for pawnbrokers and second-hand dealers having their registered place of business in the unincorporated area of a county.

Provides that every month pawnbrokers and second-hand dealers required to collect the transaction fee under this act shall remit the transaction fee to the city or county treasurer. The city or county treasurer shall deposit the money in a special account to be used by the law enforcement agency only for establishing and maintaining an electronic pawnbroker and second-hand dealer transaction reporting system.

Requires a law enforcement agency collecting the fee authorized under this act to adopt the electronic reporting system recommended by the Washington association of sheriffs and police chiefs.

Directs the Washington association of sheriffs and police chiefs to convene a work group of law enforcement officers to identify and by July 1, 2004, recommend an electronic pawnbroker and second-hand dealer transaction reporting system.