Thread: Second Hand Dealer Law
#1 Second Hand Dealer Law10-19-2011, 03:38 PMCold 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. ...
10-19-2011, 06:10 PMBesides non-profit resellers like Goodwill, and garage sales, the language of the bill encompasses stores like the Pioneer Trading Post and flea markets.
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10-19-2011, 06:18 PM
- Join Date
- Mar 2010
Look for this to become the law of the land for all merchants. Business which only take cash have long been considered suspect of skimming. I grew up around kids whose parents owned small stores, and they all pretty much skimmed even after credit cards came along. My friend Kevin's mom actually told me, "You have to, to survive." They also would not charge sales tax if you paid in cash, because they were skimming the cash sales.
There might be some legitimate businesses which simply have a moral opposition to credit cards and checks, but I'd put my money on them being skimmers.
"Should I keep back my opinions at such a time, through fear of giving offense, I should consider myself as guilty of treason towards my country, and of an act of disloyalty toward the Majesty of Heaven, which I revere above all earthly kings..." Patrick Henry
- Join Date
- Oct 2009
- Southwest Michigan (in Exile)
10-19-2011, 06:23 PM
So what happened to the part about it being legal tender, was this state or federal?
10-19-2011, 06:59 PM
- Join Date
- May 2008
This is news to me. I would have thought that Gov. Jindal had more sense than to have signed this screwball law.
10-19-2011, 07:40 PM
This note is legal tender for all debts public and private. What part of this do they not understand? Some jackass court will find some hidden meaning in the plain literal intention of this statement.
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