KY HB516 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Engrossed on March 6 2017 - 50% progression, died in committee
Action: 2017-03-07 - returned to Licensing, Occupations, & Administrative Regulations (S)
Pending: Senate Licensing, Occupations & Administrative Regulations Committee
Text: Latest bill text (Draft #2) [PDF]
Status: Engrossed on March 6 2017 - 50% progression, died in committee
Action: 2017-03-07 - returned to Licensing, Occupations, & Administrative Regulations (S)
Pending: Senate Licensing, Occupations & Administrative Regulations Committee
Text: Latest bill text (Draft #2) [PDF]
Summary
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.
Title
AN ACT relating to auctions.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-07 | Senate | returned to Licensing, Occupations, & Administrative Regulations (S) |
| 2017-03-07 | Senate | 2nd reading |
| 2017-03-07 | Senate | taken from Licensing, Occupations, & Administrative Regulations (S) |
| 2017-03-07 | Senate | to Licensing, Occupations, & Administrative Regulations (S) |
| 2017-03-06 | Senate | returned to Committee on Committees (S) |
| 2017-03-06 | Senate | 1st reading |
| 2017-03-06 | Senate | taken from Committee on Committees (S) |
| 2017-03-06 | Senate | received in Senate |
| 2017-03-03 | House | 3rd reading, passed 95-0 with floor amendments (1) and (2) |
| 2017-03-02 | House | posted for passage in the Regular Orders of the Day for Friday, March 3, 2017 |
| 2017-03-02 | House | 2nd reading, to Rules |
| 2017-03-01 | House | floor amendment (2) filed |
| 2017-03-01 | House | reported favorably, 1st reading, to Calendar |
| 2017-02-28 | House | floor amendment (1) filed |
| 2017-02-27 | House | posted in committee |
| 2017-02-21 | House | to Licensing, Occupations, & Admin Regs (H) |
| 2017-02-17 | House | introduced in House |
