Secondhand dealers.

New exemption in Section 21629(g): tangible personal property acquired from a nonprofit organization or as a bulk purchase of donated items is now exempt from CAPSS reporting requirements.

Section 21629 is now included among the amended sections, adding multiple exemptions from reporting: interdealer transfers (with written certification), nonjudicial sales of business assets, sales by public officers or courts, government surplus property, property already reported to state or local agencies, and precious metals dealers operating as designated contract markets or infrequently dealing with the public.

The word 'principal' is removed from Section 21625, changing the threshold from persons whose 'principal business' is dealing in secondhand goods to anyone whose 'business' includes such activity. This broadens the population subject to licensing and reporting requirements.

Subdivision (e) of Section 21627, which defined 'significant class of stolen goods' as items constituting more than 10 percent of property reported stolen in the preceding calendar year, is deleted. This may expand the scope of reportable tangible personal property since the statutory threshold is no longer codified in this section.

Removed the word 'principal' from the regulatory provisions, expanding coverage from persons whose principal business is buying, selling, trading, auctioning, or pawning tangible personal property to any person whose business includes those activities. This brings part-time and secondary dealers into the licensing and reporting regime.

Added new Section 21625 stating legislative intent: to curtail dissemination of stolen property, facilitate recovery of stolen property through a uniform statewide program, and aid the State Board of Equalization in detecting sales tax evasion. Also states the article shall not be superseded by local ordinances or charters.

Eliminated Section 21640, which had authorized a licensed secondhand dealer to bring a civil action in superior court against an unlicensed dealer, with statutory damages up to $75,000 plus attorney's fees. This removes the private enforcement mechanism entirely.

Added subdivision (c) to Section 21637 reiterating that any person conducting business as a secondhand dealer must report receipt or purchase of secondhand tangible personal property to CAPSS operated by the Department of Justice pursuant to Section 21628.

Changed 'Nothing herein contained' to 'Nothing herein contained in this section' in Section 21637(a), narrowing the preemption language to apply only within that specific section rather than the entire article.

The definition of 'coin dealer' in Section 21626(b) is deleted entirely, and all references to 'coin dealer' are removed from every section of the bill. Coin dealers are no longer subject to CAPSS reporting, seller fingerprinting, holding periods, or licensing requirements under this article.

Section 21637 now explicitly preempts local agencies from adopting holding, reporting, or identification requirements for transactions involving coins, monetized bullion, or commercial grade ingots of gold, silver, or other precious metals. This protects coin dealers from local regulation even though they are no longer covered by the state framework.

The introduced version required coin dealers to report transactions daily on a form developed by the Attorney General via facsimile or mail (Section 21628(d)(6)). This requirement is removed in the amended version.

Section 21631 (found property) is simplified to reference only 'pawnbroker or secondhand dealer' and removes a confusing cross-reference to Section 21633 regarding forms.

Minor text corrections throughout: 'Internet Web site' changed to 'internet website,' 'in which' corrected to 'which,' and various line number and formatting adjustments.