Introduced in the House on June 16, 2011, to impose additional record keeping regulations on auction service businesses related to presale activities, and impose a continuing education licensure mandate on auctioneers.
Referred to the House Regulatory Reform Committee on June 16, 2011.
Reported in the House on November 30, 2011, without amendment and with the recommendation that the bill pass.
Re: 2011 House Bill 4766 (Impose more auctioneer regulations ) by gwynbesner on March 15, 2012 This bill is not to impose more auctioneer regulations. That is merely the end result. Article 29 of the Occupational Code has some flaws. This bill corrects those flaws and makes it possible for more auctioneers to register.
At present the law states auctioneers must attend accredited auction schools. Accreditation is something that happens to secondary and post secondary education, not career schools.
The law is also flawed in the rules concerning money handling. 4766 makes the distinction between presale monies and sale proceeds as each require different handling. One additional regulation for auctioneers would be the requirement there be a complete accounting of all presale monies spent.
The other requirement would be mandatory continuing education in order to be able to be reciprocal with the other thirty some states which have adopted a model license law.
2011 House Bill 4766 (Impose more auctioneer regulations ) by admin on March 15, 2012 Introduced in the House on June 16, 2011