Bill Text: TX HB3702 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the licensing and regulation of Auctioneers.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2015-03-19 - Referred to Licensing & Administrative Procedures [HB3702 Detail]
Download: Texas-2015-HB3702-Introduced.html
| By: Johnson | H.B. No. 3702 | |
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| relating to the licensing and regulation of Auctioneers. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 1802.001, Occupations Code, is amended | ||
| to read as follows: | ||
| Sec. 1802.001. DEFINITIONS. In this chapter: | ||
| (1) "Advisory board" means the Auctioneer [ |
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| Advisory Board. | ||
| (3) "Auction" means the sale of property by | ||
| competitive bid using any method, format, or venue. | ||
| (4) "Auction company" means a person who engages in | ||
| the business of arranging, managing, sponsoring, advertising, or | ||
| conducting auctions. | ||
| (5) "Auctioneer" means any individual [ |
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| (A) sells or offers to sell property of another | ||
| person by live bid at auction, with or without receiving | ||
| consideration[ |
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| (6) "Commission" means the Texas Commission of | ||
| Licensing and Regulation. | ||
| (8) "Department" means the Texas Department of | ||
| Licensing and Regulation. | ||
| (8-a) "Executive director" means the executive | ||
| director of the department. | ||
| (9) "Fund" means the auctioneer education and recovery | ||
| fund. | ||
| (10) "Personal property" means any property other than | ||
| real property[ |
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| (11) "Real property" means land, including | ||
| improvements, fixtures, and other property appurtenant to or used | ||
| in connection with the land, and any other estate, interest, or | ||
| legal or equitable right in the land, improvement, fixture, or | ||
| appurtenant property. | ||
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| (13) "Sealed bid auction" means a sealed bidding | ||
| procedure that incorporates or allows for the competitive | ||
| increasing or decreasing of bids after the opening of sealed bids. | ||
| SECTION 2. Section 1802.002(a), Occupations Code, is | ||
| amended to read as follows: | ||
| Sec. 1802.002. APPLICABILITY. (a) This chapter does not | ||
| apply to: | ||
| (1) a sale conducted by order of a United States court | ||
| under Title 11, United States Code; | ||
| (2) a sale conducted by an employee of the United | ||
| States, this state, or a political subdivision of this state in the | ||
| course and scope of employment; | ||
| (3) a sale conducted by a charitable, religious, or | ||
| civic organization, including an organization having a tax exempt | ||
| status under Section 501(c), Internal Revenue Code of 1986, or | ||
| organized as a nonprofit entity, if the person organizing, | ||
| arranging, or conducting the auction receives no compensation; | ||
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| (5) a foreclosure sale of real property personally | ||
| conducted by a trustee under a deed of trust; | ||
| (6) a foreclosure sale of personal property personally | ||
| conducted by: | ||
| (A) a person who holds a security interest in the | ||
| property, including a mortgage; or | ||
| (B) an employee or agent of a person described by | ||
| Paragraph (A) acting in the course and scope of employment, if: | ||
| (i) the employee or agent is not otherwise | ||
| engaged in the auction business; and | ||
| (ii) all property for sale in the auction is | ||
| subject to a security agreement; | ||
| (7) a sale conducted by sealed bid without the option | ||
| of increasing or decreasing the amount of a bid; | ||
| (8) an auction conducted only for student training | ||
| purposes as part of a course of study approved by the department; | ||
| (9) an auction conducted by a posted stockyard or | ||
| market agency as defined by the federal Packers and Stockyards Act | ||
| (7 U.S.C. Section 181 et seq.), as amended; | ||
| (10) an auction of livestock conducted by a nonprofit | ||
| livestock trade association chartered in this state, if the auction | ||
| involves only the sale of livestock owned by members of the trade | ||
| association; | ||
| (11) an auction conducted by a charitable or nonprofit | ||
| organization chartered in this state, if the auction: | ||
| (A) is part of a fair that is organized under | ||
| state, county, or municipal authority; and | ||
| (B) involves only the sale of property owned by | ||
| the organization's members; or | ||
| (12) a sale or auction conducted by an auctioneer, | ||
| while the auctioneer is physically located outside of this state. | ||
| SECTION 3. This Act takes effect on September 1, 2015. | ||
| SECTION 4. Not later than March 1, 2016, the Texas | ||
| Commission of Licensing and Regulation shall adopt rules to | ||
| implement the changes made by this Act. | ||
