State lawmakers are seeking to combat the trafficking of stolen precious metals through a bill that would place greater restrictions on the secondhand dealers who buy them.
The bill would require dealers to keep the items they purchase for at least 30 days and maintain detailed transaction records.
Rep. Katrina Asay, the measure's lead sponsor, says the increasing market price of gold and silver has spurred a wave of home robberies targeting precious metals and allowed illegitimate cash-for-gold operations to flourish.
The Milton Republican says dealers often set up temporary shops in hotel rooms or gas stations and then transfer the metals out of state within days to be melted down or resold.
Never miss a local story.
Asay's bill has passed the House and was transferred Thursday to the Senate Rules Committee, the final stop before a full floor vote.