Last Action | 03/26/19: signed by Governor (KY Acts ch. 118) |
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Title | AN ACT relating to auctioneers. |
Bill Documents |
Acts Chapter 118
Current/Final Introduced |
Bill Request Number | 1132 |
Sponsors | C. Freeland, D. Meade |
Summary of Original Version | Amend KRS 330.020 to amend the definition of "auction house" and define "escrow account"; amend KRS 330.060 to allow the board to waive the attainment of a high school diploma if an applicant demonstrates sufficient life experience and competency; amend KRS 330.110 to require requested information to be turned over within 30 days and to require compliance with the chapter and administrative regulations; amend KRS 330.220 to allow auctioneers at reserve auctions and without-reserve auctions to establish reasonable, minimum bid increments once an opening bid has been offered; amend KRS 330.990 to establish jurisdiction for injunctive relief in the county where an alleged offender resides. |
Index Headings of Original Version |
Auctioneers - Establish definition of escrow accounts for Civil Procedure - Board of Auctioneers, where injunction may be filed by Boards and Commissions - Board of Auctioneers, thirty (30) day time frame to respond to information request by |
Jump to Proposed Amendments | Senate Committee Substitute 1 |
Votes | Vote History |
02/08/19 |
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02/11/19 |
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02/15/19 |
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02/20/19 |
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02/21/19 |
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02/22/19 |
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02/25/19 |
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02/27/19 |
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03/06/19 |
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03/07/19 |
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03/12/19 |
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03/13/19 |
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03/14/19 |
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03/26/19 |
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Amendment | Senate Committee Substitute 1 |
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Summary | Retain original provisions; amend KRS 330.030 to specify that each principal auctioneer or auction house must have at least one escrow account and that a second account is not needed if a licensee has an escrow account pursuant to a license held under KRS Chapters 324, 324A, or 189B. |
Index Headings |
Auctioneers - Escrow account, establish definition for Civil Procedure - Board of Auctioneers, where injunction may be filed by Boards and Commissions - Board of Auctioneers, 30 day time frame to respond to information request by |
Last updated: 11/9/2023 3:08 PM (EST)