Broome County law to burn business?

By Caroline Goggin

July 11, 2014 Updated Jul 11, 2014 at 5:21 PM EST

Town of Union, NY (WBNG Binghamton) A proposed law in Broome County caused local business leaders to react.

James Stilloe, owner of Solid Gold shop in the Town of Union, said he couldn't believe the proposal when he heard about it.

At shops like Solid Gold Jewelry, Stilloe said customers are guaranteed the highest cash prices paid. Owners said if the proposal is passed, that may no longer be true.

The law would ask the secondhand shop owners to hold their merchandise for 10 days before they can receive their profit. This way, police can check to see if the item was stolen property before coming to the shop.

"Gold and silver is traded on a second by second basis," said Stillow. "It would be very hard for a legitimate business owner to hold gold or silver for 10 days. It would hurt the consumer because there would be no way to pay a fair price for the gold or silver."

In addition to holding the merchandise, shops would need ID from every customer. Stilloe said he already does that.

Broome County Sheriff David Harder told Action News that law enforcement does not believe this proposal would hurt business.

He said it is an opportunity to reduce crime in the Southern Tier.

"A true business owner would have no problem with this law," said Sheriff Harder. "It's a good law. It protects them and the public. It helps us in our investigation. There are people already doing it, they're not having any problems."

Stilloe called himself a true business owner who is concerned about losing customers.

"What would happen is, all of us would have to drop our price and consumers would shop elsewhere across the border," added Stilloe.

Law enforcement believes that leaving the state will not affect the outcome.

"If they think that their business is going to hurt that much, or they need to move across the border to Pennsylvania to carry on what they're doing, then I think Pennsylvania will look at it and create the law themselves."

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