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Oct 23 - Louisiana Bans Using Cash For Sales Of Second Hand Goods

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 Oct 23 - Louisiana Bans Using Cash For Sales Of Second Hand Goods
Unread 4 years agoclass of '11 - away - #1
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Little Dice 193 heat pts193 space
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Cold 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.

Hardy says, "they give a check or a cashiers money order, or electronic one of those three mechanisms is used."

Hardy says the bill is targeted at criminals who steal anything from copper to televisions, and sell them for a quick buck. Having a paper trail will make it easier for law enforcement.

"It's a mechanism to be used so the police department has something to go on and have a lead," explains Hardy.

Guidry feels his store shouldn't have to change it's ways of doing business, because he may possibly buy or sell stolen goods. Something he says has happened once in his eight years.

"We are being targeted for something we shouldn't be."

Besides non-profit resellers like Goodwill, and garage sales, the language of the bill encompasses stores like the Pioneer Trading Post and flea markets.

Lawyer Thad Ackel Jr. feels the passage of this bill begins a slippery slope for economic freedom in the state.

"The government is placing a significant restriction on individuals transacting in their own private property," says Ackel.

Pawn shops have been forced to keep records of their clients for years. However under this bill they are still allowed to deal in cash.
Law Bans Cash for Second Hand Transactions - Acadiana's News Leader
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2 peeps gave props to Little Dice Jayg36 (10-24-2011) , hot topic  (10-23-2011)

32 comments for "Oct 23 - Louisiana Bans Using Cash For Sales Of Second Hand Goods"

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Unread 4 years agoclass of '08 - on now - #2
606robin 12 heat pts12 space
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Pawn/Thrift/An flea market's gonna hate this
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Unread 4 years agoclass of '06 - away - #3
ChevyBrah 210 heat pts210 space
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Nerd Life
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wtf is this
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Unread 4 years agoclass of '05 - away - #4
dmunson318  space
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Dwight Walker
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fu*k outta here. We got some of the worlds dumbest laws
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Unread 4 years agoclass of '10 - away - #5
jayjay2 10 heat pts10 space
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Gramercy Rules ™
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this stupid as fu*k... why do we continuously try to achieve to be the dumbest state in the US (in law standards ) but man, I ain't read but does this affect my craigslist selling???
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Unread 4 years agoclass of '05 - away - #6
Freemind 41 heat pts41 space
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606robin said:
Pawn/Thrift/An flea market's gonna hate this


someone didnt read all the way through
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Unread 4 years agoclass of '06 - away - #7
TheKastOne  space
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WBK
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What the hell is this sh*t? How about just using an id for transactions or something, stupid mother fu*kers
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Unread 4 years agoclass of '05 - away - #8
Based_One 63 heat pts63 space
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thank god i don't live in LA
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Unread 4 years agoclass of '10 - away - #9
astarisborn  space
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Man we take another "L", damn Louisiana, why you constantly make us look bad.
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Unread 4 years agoclass of '04 - away - #10
King Kusanagi 32 heat pts32 space
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Damn, Craigslist about to look like the black market in Lousiana
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Unread 4 years agoclass of '10 - away - #11
Seymore Cake 19 heat pts19 space
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Pretty sure it has more to do with the selling of guns, they just implemented it wrong, and it's not gonna stop anything
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Unread 4 years agoclass of '05 - away - #12
AirForce318  space
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dmunson318 said:
fu*k outta here. We got some of the worlds dumbest laws
this.... we get laws for some of the dumbest sh*t... pawn shops are supposed to take down a name with valid ID if you pawn/loan something anyway... They just trying to make things hard on the average joe...
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Unread 4 years agoclass of '06 - away - #13
OOps  space
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How are they gonna do that? Dumbest fu*king law on earth. Cash is king!
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Unread 4 years agoclass of '11 - away - #14
Trolling 62 heat pts62 space
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Puts a money order machine in my 2nd hand store.
Problem Solved.
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Unread 4 years agoclass of '06 - away - #15
TheKastOne  space
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They trying to encourage debit and credit use?
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Unread 4 years agoclass of '06 - away - #16
StatisticZ 1 heat pts space
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inb4conspiracytheories

EDIT:

Nvm ^^ -__-
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Unread 4 years agoclass of '10 - away - #17
Lukeshuel 3 heat pts space
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TheKastOne said:
They trying to encourage debit and credit use?
So not long after major banks announce their new raised card fees, they ban cash on second hand items in LA



They think they slick

Last edited by Lukeshuel; 10-23-2011 at 10:33 PM..
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Unread 4 years agoclass of '05 - away - #18
K.B.  space
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we really have some of the dumbest laws down here
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Unread 4 years agoclass of '04 - away - #19
WhoThaFuk 2 heat pts space
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The government continues to encroach on our lives in order to enforce laws.
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Unread 4 years agoclass of '07 - on now - #20
Ghost Terp 18 heat pts18 space
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These dudes can't have garage sales anymore
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