PRINTER'S NO. 642
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
573
Session of
2015
INTRODUCED BY CONKLIN, V. BROWN, COHEN, KOTIK, McNEILL, MURT AND
THOMAS, FEBRUARY 23, 2015
REFERRED TO COMMITTEE ON CONSUMER AFFAIRS, FEBRUARY 23, 2015
AN ACT
Amending the act of February 24, 1984 (P.L.92, No.17), entitled
"An act regulating the purchase and sale of precious metals,"
defining "permanent place of business"; further providing for
license required; and providing for location of transactions.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1 of the act of February 24, 1984
(P.L.92, No.17), referred to as the Precious Metal Sale
Regulation Law, is amended by adding a definition to read:
Section 1. Definitions.
The following words and phrases when used in this act shall
have the meanings given to them in this section unless the
context clearly indicates otherwise:
* * *
"Permanent place of business." A property or retail space
rented or leased by a dealer in precious metals at market price
for a period of at least 12 months or owned by a dealer in
precious metals for the purpose of selling, trading or
purchasing precious metals.
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