Staff Analysis of the Legislation
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Senate Bill 393
Chairman: Roger Williams
Committee:Regulated Industries
House Sponsor: Matt Ramsey
Senate Sponsor: Ronnie Chance
Chairman Williams’ Opinion of the Legislation:
This legislation prohibits the governing authorities of a municipality or county from collecting fees on pawn transactions or sale of personal property to a pawnbroker for purposes of resale by the pawnbroker. This legislation is intended to prevent local jurisdiction from imposing an unfair tax on the citizens of a lower economic status.
This bill comes to the House Floor under the Structured Rule. |