Louisiana Bans Using Cash for Sales of Second Hand Goods
Saturday, October 22, 2011
Louisiana residents buying used goods such as clothing, furniture and household items can no longer do so with cash, under a new state law signed by Governor Bobby Jindal on July 1.
State representative Rickey Hardy, who co-authored the legislation, said the intention is to make it easier for law enforcement to catch criminals who steal items and sell them at second-hand stores.
Some business owners are upset over the new restriction, saying that they’re being unfairly targeted by the government.
Attorney Thad Ackel Jr. says the legislation infringes on economic freedom.
“This legislation amounts to a public taking of private property without due process or compensation,” Ackel wrote. “Regardless of whether or not the transaction information is connected with, or law enforcement is investigating a crime, individuals and businesses are forced to report routine business activity to the police.”
Those impacted by the law include Goodwill stores, flea markets and anyone who holds a garage sale. Pawn shops have been exempted and can continue accepting cash from customers.
Law Bans Cash for Second Hand Transactions (KLFY-TV, Lafayette)
Government Takes Private Property Without Due Process (by Thad Ackel Jr., Ackel & Associates)
- Top Stories
- Unusual News
- Where is the Money Going?
- U.S. and the World
- Appointments and Resignations
- Latest News
- As Homeowners become Renters, Poor Americans Spend more for Rentals
- Billions of Dollars in Federal Contracts Go to Violators of Labor Laws
- First Person Convicted by Trial of Racketeering for Crime on the Internet
- Swiss Underground Data Bunker May Be Antidote for NSA-Inspired Paranoia
- Top DEA Agent Lands Job as Legal Advisor to Marijuana Investment Firm