Louisiana bans cash transactions

This summer, the State Legislature and Governor of Louisiana passed a law that bans individuals and businesses from transacting in cash if they are considered a “secondhand dealer”.  House Bill 195 of the 2011 Regular Session (Act 389) broadly defines a secondhand dealer to include   “…Anyone, other than a non-profit entity, who buys, sells, trades in or otherwise acquires or disposes of junk or used or secondhand property more frequently than once per month from any other person, other than a non-profit entity, shall be deemed as being in the business of a secondhand dealer. ” The law then states that “A secondhand dealer shall not enter into any cash transactions in payment for the purchase of junk or used or secondhand property.  Payment shall be made in the form of check, electronic transfers, or money order issued to the seller of the junk or used or secondhand property…”  The broad scope of this definition can essentially encompass everyone; from your local flea market vendors and buyers to a housewife purchasing goods on ebay or craigslist, to a group of guys trading baseball cards, they could all be considered secondhand dealers. Lawmakers in Louisiana have effectively banned its citizens from freely using United States legal tender.


The law goes further to require secondhand dealers to turn over a valuable business asset, namely, their business’ proprietary client information.  For every transaction a secondhand dealer must obtain the seller’s personal information such as their name, address, driver’s license number and the license plate number of the vehicle in which the goods were delivered.  They must also make a detailed description of the item(s) purchased and submit this with the personal identification information of every transaction to the local policing authorities through electronic daily reports.





Senator Neil Riser   -  District 32


Act 389 passed by unanimous consent of the Louisiana House of Representatives and only mustered one nay vote (Senator Neil Riser) from the State Senate.  The governor signed the legislation into law on July 1, 2011.

Senator Neil  Riser


https://senate.legis.state.la.us/Riser/


Thank you, Senator Riser!


 

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  • Henry Waddell PO Box 276 ,Rosemount, Minnesota 550
    3 years, 11 months ago - Reply - Link

    I have been a anti RFID person for at least 5 years now. (very well read and up to date on its dangers to society as a whole.)
    I am in the process of building a new commercial web site . Its main purpose is
    a professional RFID awareness program and RFID news blog targeting anyone who will listen.The product sales is only secondary. I have been in the background for a long time . But now as I am much older (61) and more focused on how serious this RFID technology and the way it is being deployed around the world has given me the courage to be willing to take the heat. I am going to pull the plug and go all out. The content will be harsh and to the point. I have followed Katherine and Liz in their fight to
    make a difference and weather the storm that they have had thrown at them by the establishment and the media for many years now. They should be given a congressional medal of honor to point to the very harsh treatment they have received since taking on the big boys. '
    The above article truly reflects where we are in America as to tracking your every move and every buy and sell transaction. We need to move as a society
    that is fed up with this nonsense. ( non violent) .. All we need to do is refuse to use the new RFID and Cell Phone tracking devices. Demand to pay in cash...That is our legal right. (for the moment).. The more we demand cash transactions the stronger the message sent to Washington and the Establishment that controls our Countries Government.

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