Public hearing to be held for Local Law F
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ALBANY COUNTY -- A controversial new bill is awaiting the Albany County Executive's signature. Known as Local Law F, the law would create a county wide database for pawned items, secondhand goods, and precious metals for sale.
Supporters said the law could ultimately catch more criminals. Though the county legislature passed the measure, opponents are hoping County Executive Dan McCoy will veto. Business owners though, say the proposal is costly in more ways than one. Pawnshops would have to absorb the costs of buying the software required for recording sales and items. The consumers' information would be passed onto the city of Albany once the transaction has been made.
Shop owners said the law will negatively effect their relationship with customers.
"In terms of the impact on businesses buying gold, silver and platinum from the public, they're going to have to pay less because they're going to have to pass that cost onto the consumer," said Jason Pierce, Albany County Dealers Association.
Pierce said the concept of Local Law F is good. However, he said parts of the bill are unconstitutional and that needs to be addressed first. A public hearing on the proposed law is scheduled for Monday at 6:00 p.m. in the Cahill Room at 112 State Street.