http://www.ilga.gov/legislation/BillStat...ID=84&GA=97
http://www.zerohedge.com/news/2013-01-10...-santellis-take
Looks like some loons want to track your Ag and Au. From the bill, highlights are mine
<span style="font-weight: bold">Synopsis As Introduced</span>
Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the business of purchasing precious metal <span style="font-weight: bold">shall not pay for the precious metal in cash</span> and shall record the method of payment. Requires the purchaser to keep a record of the sale for one year or, if the purchase amount is over $500, for 5 years. Provides that a person who violates the Act is guilty of a petty offense and subject to a fine not exceeding $500. Provides that the Attorney General may inspect records, investigate an alleged violation, and take action to collect civil penalties
<span style="font-weight: bold">Authorizes inspection of records by local police departments</span>
Holy shit, is this for the children as well? Same shit they pulled in 1933.
http://www.zerohedge.com/news/2013-01-10...-santellis-take
Looks like some loons want to track your Ag and Au. From the bill, highlights are mine
<span style="font-weight: bold">Synopsis As Introduced</span>
Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the business of purchasing precious metal <span style="font-weight: bold">shall not pay for the precious metal in cash</span> and shall record the method of payment. Requires the purchaser to keep a record of the sale for one year or, if the purchase amount is over $500, for 5 years. Provides that a person who violates the Act is guilty of a petty offense and subject to a fine not exceeding $500. Provides that the Attorney General may inspect records, investigate an alleged violation, and take action to collect civil penalties
<span style="font-weight: bold">Authorizes inspection of records by local police departments</span>
Holy shit, is this for the children as well? Same shit they pulled in 1933.