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Law Bans Cash for Second Hand Transactions
KFLY ^ | 10/18/2011 | Doug MacDiarmid

Posted on 10/20/2011 6:20:02 PM PDT by RobertClark

Cold hard cash. It's good everywhere you go, right? You can use it to pay for anything.

But that's not the case here in Louisiana now. It's a law that was passed during this year's busy legislative session.

House bill 195 basically says those who buy and sell second hand goods cannot use cash to make those transactions, and it flew so far under the radar most businesses don't even know about it.

"We're gonna lose a lot of business," says Danny Guidry, who owns the Pioneer Trading Post in Lafayette. He deals in buying and selling unique second hand items.

"We don't want this cash transaction to be taken away from us. It's an everyday transaction," Guidry explains.

Guidry says, "I think everyone in this business once they find out about it. They're will definitely be a lot of uproar."

The law states those who buy or sell second hand goods are prohibited from using cash. State representative Rickey Hardy co-authored the bill.

Hardy says, "they give a check or a cashiers money order, or electronic one of those three mechanisms is used."

Hardy says the bill is targeted at criminals who steal anything from copper to televisions, and sell them for a quick buck. Having a paper trail will make it easier for law enforcement.

"It's a mechanism to be used so the police department has something to go on and have a lead," explains Hardy.

Guidry feels his store shouldn't have to change it's ways of doing business, because he may possibly buy or sell stolen goods. Something he says has happened once in his eight years.

"We are being targeted for something we shouldn't be."

Besides non-profit resellers like Goodwill, and garage sales, the language of the bill encompasses stores like the Pioneer Trading Post and flea markets.

Lawyer Thad Ackel Jr. feels the passage of this bill begins a slippery slope for economic freedom in the state.

"The government is placing a significant restriction on individuals transacting in their own private property," says Ackel.

Pawn shops have been forced to keep records of their clients for years. However under this bill they are still allowed to deal in cash.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: alldebts; cash; legaltender; louisiana; money; publicandprivate
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It makes sense to track transaction involving metals (copper and such) that are stolen and turned into cash at salvage facilities easily, but requiring checks or money orders for yard sales or other thrift transactions is just plain stupid. I bet the IRS LOVES the new requirement and will require the transactions be reported as income appropriately?!?
1 posted on 10/20/2011 6:20:04 PM PDT by RobertClark
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To: RobertClark

Did Bobby Jindal sign this atrocity?

I hope not!

If so, he just went down in my book.


2 posted on 10/20/2011 6:25:26 PM PDT by diverteach (If I find liberals in heaven after my death.....I WILL BE PISSED!!!)
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To: RobertClark

Given the liberties take with it, the Commerce Clause will be an easy path to striking this down.


3 posted on 10/20/2011 6:25:32 PM PDT by bolobaby
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To: RobertClark

So If I live in LA and sell my dirt bike to someone , I have to take a check?

I don’t think so!

Regulate democrats and not the rest of us.


4 posted on 10/20/2011 6:26:58 PM PDT by NoLibZone (Democrats are violent. Prisons are overflowing with democrats convicted of violent crimes.)
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Comment #5 Removed by Moderator

To: RobertClark

“This note is legal tender for all debts, public and private.”

“No, it isn’t.”


6 posted on 10/20/2011 6:28:04 PM PDT by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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Comment #7 Removed by Moderator

To: RobertClark
U.S. Constitution

``Section 8

The Congress shall have Power ...

To coin Money, regulate the Value thereof..``

Conversely states cannt usurp nor nullify the Consitutional powers of Congress-

States cannot issue coins nor paper currency nor REGULATE the Value thereof-

Factually unconstitutional

8 posted on 10/20/2011 6:31:23 PM PDT by bunkerhill7
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To: NoLibZone

Good luck catching anything that needs to be registered like a car.


9 posted on 10/20/2011 6:32:29 PM PDT by cripplecreek (A vote for Amnesty is a vote for a permanent Democrat majority. ..Choose well.)
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To: RobertClark

Rev 13:16 Also it causes all, both small and great, both rich and poor, both free and slave,[e] to be marked on the right hand or the forehead, 17so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name.


10 posted on 10/20/2011 6:34:21 PM PDT by Raycpa
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To: RobertClark

Wonder what they would say about bartering? The good old days when you paid your doctor with a couple of chickens or a sack of apples.


11 posted on 10/20/2011 6:34:31 PM PDT by Evil Slayer (Onward, Christian soldiers, marching as to war)
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To: RobertClark

This is a revenue bill, that is all. They want to collect sales taxes on the goods.


12 posted on 10/20/2011 6:34:57 PM PDT by Thunder90 (Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
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To: Evil Slayer

I just got 2 dozen quarts of home canned tomatoes for a chain saw tune up, 4 chains sharpened and 5 lbs of dry beans.


13 posted on 10/20/2011 6:39:58 PM PDT by cripplecreek (A vote for Amnesty is a vote for a permanent Democrat majority. ..Choose well.)
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To: RobertClark
I do not expect this to survive five minutes into it's first court challenge. All that's needed is proper ID of the seller, much easier than following a check through half a dozen parties without reasonable doubt torpedoing a case.

Obviously it's not about metal thieves, it's about statist tyrannical control.

14 posted on 10/20/2011 6:40:17 PM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it. (plagiarized))
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To: All

Disobey, Louisiana!

Louisiana will be SOL on garage sales—between their law and fed law:

Americans who slap $1 pricetags on their used possessions at garage sales or bazaar events risk being slapped with fines of up to $15 million, thanks to a new government campaign.

The “Resale Round-up,” launched by the Consumer Product Safety Commission, enforces new limits on lead in children’s products and makes it illegal to sell any items that don’t meet those limits or have been recalled for any other reason.
http://www.foxnews.com/us/2009/09/18/new-government-policy-imposes-strict-standards-garage-sales-nationwide/


15 posted on 10/20/2011 6:45:24 PM PDT by Irenic
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To: RobertClark

I buy and sell coins as a collector, and whenver I come across silver in my pocket change I sell it to the local coin shop. The totals are always small as most coins are worth less than $100.00, I can’t imagine a store owner having to wrtite 1000s of checks per year for a couple dollars each, especially to regualr customers.


16 posted on 10/20/2011 6:46:51 PM PDT by LukeL (Barack Obama: Jimmy Carter 2 Electric Boogaloo)
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Name Another Site Where You Can Get As Much Information

Can't Think Of One?

Then Why Don't You Donate

17 posted on 10/20/2011 6:49:50 PM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Thunder90

That’s it. What about garage sales? Buying or selling gold or silver? Isn’t LA a red state? Very nasty.


18 posted on 10/20/2011 6:50:14 PM PDT by grumpygresh (Democrats delenda est)
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To: Irenic

“[Jonathan Adler, August 3, 2009 at 7:01pm] Trackbacks

The End of Vintage Kids’ Books?

Some readers were confused about my comment below that the Consumer Product Safety Improvement Act is having a negative impact on used booksellers. In short, the CPSIA bars the sale of children’s books printed before 1985 due to concern that the ink might contain lead. As the Washington Post reported:

Legislation passed by Congress last August in response to fears of lead-tainted toys imported from China went into effect last month. Consumer groups and safety advocates have praised it for its far-reaching protections. But libraries and book resellers such as Goodwill are worried about one small part of the law: a ban on distributing children’s books printed before 1985.”

http://volokh.com/posts/1249340466.shtml


19 posted on 10/20/2011 6:55:15 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: diverteach
2011-07-01 - Signed by the Governor. Becomes Act No. 389.

I'm afraid he did.

20 posted on 10/20/2011 6:56:51 PM PDT by newzjunkey (Republicans will find a way to reelect Obama.)
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