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Philadelphia Pawnshops Must Hold Items Longer Under New Holding Period Law Takes Effect Today

Official:Amending Section 9-603 of The Philadelphia Code, entitled "Pawnbrokers," and Section 9-615, entitled "Dealers in Precious Metals," to revise the length of the holding period during which pawnbrokers must retain articles of personal property and dealers in precious metals must retain precious metals; and to provide for appeals; all under certain terms and conditions.

Sponsor: Councilmember Quiñones Sánchez

Introduced: October 10, 2013

: Committee on Licenses and Inspections

governmentpawnshopsprocurement

No one voted on this bill

This bill was introduced in the 2012–2015 Council term and when that term ran out. The public record shows no committee vote and no floor vote at any stage, so no member of Council ever went on record for or against it.

That is not unusual here. Of the 8,465 bills introduced between 2000 and 2025, 1,624 lapsed without a single recorded vote. Ninety percent of bills that became law carry a roll call. Three percent of lapsed bills do. How this works.

Plain-Language Summary

This bill would change the length of time that pawnshops must hold items before selling them and allow for appeals in cases where items are sold too quickly.

What This Bill Does

AI-written. Every figure is checked against the bill text.

Increases the length of time that pawnbrokers must hold articles of personal property before selling them, from 90 days to at least 14 days.
Increases the length of time that dealers in precious metals must hold precious metals before selling them (although the exact length of time is not specified in the provided text).
Allows for appeals in cases where items are sold too quickly, although the details of the appeals process are not specified.
Imposes no new requirements or penalties, but rather revises existing requirements in the Philadelphia Code for pawnbrokers and dealers in precious metals.