RESALE VENDORS-REPORTING

Amends the Pawnbroker Regulation Act. Requires a resale vendor to provide transactional information to the superintendent or chief of police of the city or town in which he or she is doing business or to the sheriff of the county in which he or she is doing business, on a daily basis by the end of the next business day or on such less frequent basis as required by the law enforcement official. Contains provisions concerning the means a resale vendor shall provide the law enforcement official with the daily report. Requires resale vendors to hold all items purchased from the public for a period of 21 days after transmitting transactional information via facsimile or U.S. Postal Service or 10 days after transmitting transactional information electronically prior to selling, distributing, or altering goods in any way. Provides that in counties with more than 3,000,000 inhabitants, a resale vendor must provide the daily report to the sheriff only if the pawnshop or resale vendor is located in an unincorporated area of the county. Provides that not-for-profit organizations, charities, and businesses or corporations solely involved in the business of buying and selling clothing are exempt from reporting. Provides that resale vendors are not required to incur any costs or increased fees as the result of the city, town, or county collecting or processing records electronically.