Law Bans Cash for Second Hand Transactions

Law Bans Cash for Second Hand Transactions

Cold hard cash. It's good everywhere you go, right? You can use it to pay for anything.

But that's not the case here in Louisiana now. It's a law that was passed during this year's busy legislative session.

House bill 195 basically says those who buy and sell second hand goods cannot use cash to make those transactions, and it flew so far under the radar most businesses don't even know about it.

"We're gonna lose a lot of business," says Danny Guidry, who owns the Pioneer Trading Post in Lafayette. He deals in buying and selling unique second hand items.

"We don't want this cash transaction to be taken away from us. It's an everyday transaction," Guidry explains.

Guidry says, "I think everyone in this business once they find out about it. They're will definitely be a lot of uproar."

The law states those who buy or sell second hand goods are prohibited from using cash. State representative Rickey Hardy co-authored the bill.​

In yet another instance of "Ready, Fire, Aim!", a Democrat writes a law that has negative impact far beyond any good it might have done.

Good job, asshat.

 

This is pure insanity

 

Well, if it's true, that's fucking stupid.

 

Hmmm.... hadn't heard of this one. I know that there was an issue a month or so back that they wanted pawn shops to have tighter records in Louisiana to cut down on thefts of gold, silver, electronics, etc.

It sounds to me like this is a step along a similar line. Payment methods other than cash leave a paper trail, meaning you can track some of these items if need be. Plus, who's really using cash right now? I very rarely see cash transactions when I'm in line at the grocery store, target or walmart. It seems everyone is using plastic (credit cards and food stamps).

It's definitely going to hurt businesses though, something that really isn't a great idea in this economy.

BTW: I'd add to the OP. If this became a law, it had to get past (R) Bobby Jindal and a pretty solidly (R) legislature. The Democratic party is pretty much a non-existent entity in Louisiana now. A fair number of the elections on Saturday won't actually have any Democratic nominee at all. Your choices are (R) or (R). (There can be a lot of Republican candidates for a single office thanks to the Napoleonic system in place here).

 

WTF?!?

Who authored that king of stupid bills?

 

I lived in Nawlins for four years. Written law has no relationship to practiced or enforced law....chuckle

 

Good point. Here's the vote. They're ALL idiots, except for Neil Riser.

 

Outlawing cash...a law only a progressive could love.

Tell me this won't pass Constitutional muster.

 

Nanny State blues. Another completely useless law. Time to scale back Government intrusion and oppression. This Nanny State will only lead to a Police State/Prison State eventually. It's already happening.

 

Woke up this morning and realized what this was really about. In Louisiana sales tax is out of control and it is on everything. No food exemptions, non profits pay, etc. This is about tax collection.