The bill mandates the Department of Law Enforcement to conduct a feasibility study for the establishment of a statewide pawn data database. It defines key terms such as "Department" and "Pawn data," which encompasses information related to transactions by secondhand dealers and secondary metals recyclers, including pawn shops. The study must ensure that the database allows real-time access, updates, and sharing of pawn data among law enforcement agencies across all counties in Florida, is provided free of charge, is interoperable with existing law enforcement systems, and complies with privacy and security laws. The department is required to report the findings of the study to the Legislature by January 1, 2026.

Additionally, the bill stipulates that the feasibility study must be completed with funding appropriated from the General Appropriations Act. The section detailing the study will be repealed upon the submission of the report. The act is set to take effect on July 1, 2025.