Fiscal Note
License fees should yield an estimated $1,000 to $2,000 in additional General Fund revenues annually.
Title
AMENDED SECOND SUBSTITUTE - Amending Section 9.24(2), creating Section 9.24(3)(b)5., amending Section 9.24(6)(a), creating new Section 9.24(6)(b)3. and renumbering current Section 9.24(6)(b)3. to 9.24(6)(b)4., amending Section 9.24(6)(c), creating Section 9.24(6)(d)5.d. and amending Section 9.24(8) of the Madison General Ordinances to establish regulations for the sale of secondhand textbooks.
Body
The Common Council of the City of Madison do hereby ordain as follows:
1. Subsection (2) entitled "Definitions" of Section 9.24 entitled "Licensing of Secondhand Dealers" of the Madison General Ordinances is amended by amending or creating therein the following:
Secondhand textbook dealer means any person who engages in the business of any transaction consisting of purchasing, selling, receiving or exchanging secondhand textbooks if the person's total receipts for the sale of secondhand textbooks accounts for at least twenty-five percent (25%) of its gross receipts in the most recent calendar year.
Textbook means a book used in technical schools, colleges and universities as a manual of instruction or a standard book used for the study of a subject.
Secondhand dealer means a secondhand article dealer, a secondhand jewelry dealer, a secondhand textbook dealer, or a pawnbroker."
2. Paragraph 5 of Subdivision (b) of Subsection (3) entitled "Application and Fees" of Section 9.24 entitled "Licensing of Secondhand Dealers" of the Madison General Ordinances is created to read as follows:
"5. The fee for a secondhand textbook dealer's license is sixty-two dollars and fifty cents ($62.50) per year."
3. Subdivision (a) entitled "Identification" of Subsection (6) entitled "Restrictions and Requirements" of Section 9.24 entitled "Licensing of Secondhand Dealers" of the Madison General Ordinances is amended to read as follows:
"(a) Id...
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