The proposed bill establishes a statewide pawn data database under the jurisdiction of the Department of Law Enforcement, as outlined in the newly created section 539.004 of the Florida Statutes. This legislation mandates the creation of a centralized system for sharing pawn transaction data among law enforcement agencies, which must be operational by December 31, 2026. The bill defines key terms related to pawn data and law enforcement data, and it ensures that all law enforcement agencies have free and unrestricted access to this database for investigative purposes. Additionally, the system is required to maintain interoperability across different jurisdictions and software solutions.

The bill also includes strict regulations regarding the handling of pawn data by private vendors, prohibiting the sale or transfer of this data for commercial purposes. It establishes penalties for violations, including fines of up to $500,000 for vendors who improperly commodify pawn data, and administrative penalties for law enforcement agencies that fail to share data through the statewide system. The Department of Law Enforcement is authorized to adopt rules to implement these provisions, with the act set to take effect on July 1, 2025.