AN ACT relating to auctions. Amend KRS 139.496 to exempt gross receipts from a charity auction July 1, 2017 to July 1, 2021, by a nonprofit civic, governmental, or other nonprofit organization if the proceeds from the auction are used for a specific purpose; Amend KRS 330.020 to include "escrow account" in the definitions; amend KRS 330.032 to require proceeds of real property auctions conducted through collaboration to be placed into the escrow account of the real estate broker; amend KRS 330.040 to remove students from exemptions under KRS 330.030; amend KRS 330.050 to require the Governor to establish the compensation of the members of the Board of Auctioneers; amend KRS 330.060 to remove the board's authority to waive the attainment of a high school diploma for an apprentice licensed before 1985; amend KRS 330.110 to establish the conditions upon which the board may suspend or revoke a license; require licensees to submit to a criminal background check at the board's request; amend KRS 330.130 to prescribe the conditions under which a licensee can appeal the revocation or suspension of a license; allow auctioneers at reserve auctions and without-reserve auctions to establish reasonable, minimum bid increments once an opening bid has been offered; amend KRS 330.192 to conform.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2017
Committee Review
Floor Vote
Governor
Introduced Feb 17, 2017
Last action Mar 7, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
17
Key actions
3
Committee
5
Amendments
2
Mar 7, 2017
Committee
To Licensing, Occupations, & Administrative Regulations (S)
legislature
Mar 6, 2017
Legislature · Passed
Returned to Committee on Committees (S)
legislature
Mar 6, 2017
Legislature · Passed
Taken from Committee on Committees (S)
legislature
Mar 1, 2017
Introduced
Floor amendment (2) filed
legislature
Feb 28, 2017
Introduced
Floor amendment (1) filed
legislature
Feb 27, 2017
Legislature · Passed
Posted in committee
legislature
Feb 21, 2017
Committee
To Licensing, Occupations, & Admin Regs (H)
legislature
Feb 17, 2017
Introduced
Introduced in House
legislature
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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