SB 301 Dealing with Retail Theft Rings, Passes Senate on a 34-0 Vote

One of the first legislative efforts to crack down on retail theft rings, SB 301 authored by Senator Nancy Skinner, passed in the Senate by a 34-0 vote.  The bill would help fight organized retail theft by limiting the sale of stolen goods on online.

The bill requires online marketplaces starting July 1, 2023, “to require a high-volume third-party seller on the online marketplace’s platform… to provide to the online marketplace specified information, including certain contact information and a bank account number or, if the seller does not have a bank account, the name of the payee for payments issued by the online marketplace to the seller, as prescribed.”

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