SB 250 - This act creates provisions relating to organized retail theft. ONLINE MARKETPLACES (Section 407.1700)
This act provides that an online marketplace shall require any high-volume 3rd party seller on the online marketplace to provide, no later than 10 days after qualifying as a high-volume 3rd party seller, certain information such as bank account information, contact information for the seller, an email address for the seller, and a business tax identification number or taxpayer identification number.
If the seller does not provide such information, the online marketplace shall, after providing the seller with written or electronic notice, suspend any future sales activity of such seller until the seller provides the information.
The provisions of this act shall be enforced solely by the Attorney General and he or she may bring a civil action to enforce compliance and obtain other damages or compensation on behalf of the residents of this state.
These provisions are substantially similar to provisions in SCS/HB 2697, et al (2022) and HCS/HB 2108 (2022).
These provisions shall become effective on February 28, 2024.
OFFENSE OF ORGANIZED RETAIL THEFT (Section 570.036)
This act creates the offense of organized retail theft if he or she, while alone or with any other person, commits a series of thefts of retail merchandise against one or more persons either on the premises of a merchant or through the use of an internet site with the intent to return the merchandise for value or resell the merchandise for value.
The offense of organized retail theft is a Class D felony if the value stolen over 120 days is between $1,500 and $10,000 and a Class C felony if the value is over $10,000.
Finally, a person may be prosecuted in any jurisdiction in this state regardless of whether the defendant was ever physically present in such jurisdiction.
These provisions are identical to provisions in SCS/HB 2697, et al (2022) and SCS/HB 2088, et al (2022).
MARY GRACE PRINGLE