Fiscal Note
No noteworthy fiscal impact is anticipated.
Title
SUBSTITUTE. Amending Sections 9.24 (2)(d), (3), (4)(c), (7)(b), (7)(c)7., and (2)(a) of the Madison General Ordinances to clarify definitions and recordkeeping requirements for secondhand dealers.
Body
DRAFTER'S ANALYSIS: The Common Council adopted ORD-11-00171 on December 13, 2011, which made multiple changes to the City’s secondhand dealers’ ordinance. This proposal creates cross references to clarify that consignment transactions are secondhand sales, as provided in the existing definition of “Reportable Transactions.” It states that recordkeeping for precious metals is the same as for jewelry and other articles. The proposal clarifies that a holder of a secondhand license issued by the City of Madison may occasionally operate from a temporary location, but that all recordkeeping and other ordinance requirements apply to such an operation. The proposal creates a definition of “precious metal” using language formerly contained in the definition of “precious metal dealer.”
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The Common Council of the City of Madison do hereby ordain as follows:
1. Subdivision (d) of Subsection (2) entitled “License Required” of Section 9.24 entitled “Licensing of Secondhand Dealers” of the Madison General Ordinances is amended to read as follows:
“(d) 1. A secondhand dealer includes a person who is engaged, from a temporary
location in the City of Madison, in the business of selling or purchasing articles under this Sec. 9.24. Such persons shall obtain a secondhand dealer’s license under this Sec. 9.24. For the purposes of this sub. (d), a temporary location shall include, but shall not be limited to, a hotel or motel meeting room or guest room.
2. A secondhand jewelry dealer includes a person who is engaged in the business of selling or purchasing jewelry from a temporary location in the City of Madison and such person shall...
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