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2015 SESSION

15102312D
HOUSE BILL NO. 1976
Offered January 14, 2015
Prefiled January 13, 2015
A BILL to amend the Code of Virginia by adding a section numbered 15.2-912.4, relating to limits on numbers of certain business; City of Petersburg.
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Patron-- Preston
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Referred to Committee on Commerce and Labor
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Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 15.2-912.4 as follows:

§ 15.2-912.4. Limitations on number of motor vehicle title loan businesses and similar businesses; City of Petersburg.

In addition to all other regulatory authority available to a locality, the governing body of the City of Petersburg may by ordinance reasonably limit the number of (i) motor vehicle title loan businesses licensed pursuant to § 6.2-2201, (ii) payday lenders licensed pursuant to § 6.2-1801, (iii) check cashers registered pursuant to § 6.2-2101, and (iv) precious metals dealers as defined in § 54.1-4100 that may be operated at any one time within its territorial limits. The ordinance may limit the number of such establishments based on a specific number of businesses per election district or by limiting the number of such businesses within an established radius.