by Neill » Wed Jan 08, 2014 2:13 pm
Be careful Directmale and Lou Lou, it is a Republican Law with bipartisan assistance.Questioned about the breadth of the Louisiana law, its sponsor, State Rep. Clifton Richardson(Republican - Baton Rouge), says, ?I?m constantly open to improving it, but I don?t want to weaken it.?Sponsors: six Dems 9 Republicans. 89 voted Yes, Voted Nohttp://www.mygov365.com/legislation/view/id/4db66f7549e51bd334be0300/tab/sponsors/Federal courts have upheld statutes in New York, Mississippi and Tennessee but they were a lot more focused on scrap metal. In every single case the laws had been challenged on the grounds that states and cities can?t ban transactions in legal tender.All the challenges have been thrown out and laws supported.?States are saying, ?We have the appropriate to specify the kind in which the payments are created, then you can tender the check for any legal tender you want,?? explains Mark Beebe of the New Orleans law firm Adams and Reese. ?They?re not saying this is the only medium you can use and that?s exactly where it ends.??For every single transaction ?a secondhand dealer have to obtain the seller?s private information such as their name, address, driver?s license number and the license plate number of the car in which the goods had been delivered.?They should also make a detailed description of the products bought and submit this with the personal identification info of each and every transaction to the local policing authorities via electronic daily reports.?Most scrap dealers do this currently so this bill is significantly broader. Most men and women selling their odds and ends on Craigslist do not do this. So not only are cash transactions banned to generate a paper trail but the transaction must be reported to law enforcement at the time of sale. Max20characters 26 months ago http://www.mygov365.com/legislation/view/id/4db66f7549e51bd334be0300/tab/sponsors/