Amends GS 85B-8(a)(3), which requires assessment of a civil penalty or the denial, suspension, or revocation of an auctioneer, auctioneer apprentice, or auction firm license for failure to account for or to pay over funds from an auction sale within a reasonable time. Current law requires the accounting or payment be made within 30 days. Now allows a 90-day window for auctioneers to account for or to pay over funds from an auction sale for items purchased on extension that require third-party authentication.
EXTEND FUNDS DEADLINE FOR AUCTIONEERS.
Printer-friendly: Click to view
View NCGA Bill Details | 2019-2020 Session |
AN ACT TO EXTEND THE AMOUNT OF TIME THAT AUCTIONEERS HAVE TO ACCOUNT FOR OR PAY OVER FUNDS FROM AN AUCTION SALE.Intro. by Speciale.
Status: Ref To Com On Rules and Operations of the Senate (Senate action) (May 2 2019)
Bill History:
-
Thu, 7 Mar 2019 House: Filed
-
Mon, 11 Mar 2019 House: Passed 1st Reading
-
Thu, 25 Apr 2019 House: Serial Referral To Judiciary Stricken
-
Thu, 25 Apr 2019 House: Reptd Fav
-
Thu, 25 Apr 2019 House: Re-ref Com On Rules, Calendar, and Operations of the House
-
Mon, 29 Apr 2019 House: Reptd Fav
-
Mon, 29 Apr 2019 House: Cal Pursuant Rule 36(b)
-
Mon, 29 Apr 2019 House: Placed On Cal For 04/30/2019
-
Tue, 30 Apr 2019 House: Passed 2nd Reading
-
Tue, 30 Apr 2019 House: Passed 2nd Reading
-
Tue, 30 Apr 2019 House: Passed 3rd Reading
-
Tue, 30 Apr 2019 House: Passed 3rd Reading
-
Wed, 1 May 2019 House: Regular Message Sent To Senate
-
Thu, 2 May 2019 Senate: Regular Message Received From House
-
Thu, 2 May 2019 Senate: Regular Message Received From House
-
Thu, 2 May 2019 Senate: Passed 1st Reading
-
Thu, 2 May 2019 Senate: Passed 1st Reading
-
Thu, 2 May 2019 Senate: Ref To Com On Rules and Operations of the Senate
H 300
Bill Summaries:
-
Bill H 300 (2019-2020)Summary date: Mar 7 2019 - View Summary
View: All Summaries for Bill