Secondhand goods: tangible personal property.

Existing law requires secondhand dealers and coin dealers to, among other things, report certain secondhand tangible personal property taken in trade or pawn, accepted for sale on consignment, or accepted for auctioning, to the chief of police or to the sheriff, as specified. Existing law defines "tangible personal property" for these purposes to include and exclude specified types of property. Existing law includes in this definition secondhand tangible personal property that bears specified unique identifiers or that bears, at the time it is acquired by the secondhand dealer, evidence of having had such specified unique identifiers. Existing law also includes in this definition all tangible personal property that bears specified unique identifiers that is purchased by a secondhand dealer or a pawnbroker or that bears, at the time of such purchase, evidence of having had specified unique identifiers. Existing law also includes in this definition tangible personal property that the Attorney General statistically determines through the most recent Department of Justice "Crime in California" report to constitute a significant class of stolen goods, as defined. This bill would define "tangible personal property" to exclude these specified types of property that have a value of $950 or less.