Senate Bill 407 amends the Occupations Code to continue the State Board of Veterinary Medical Examiners until September 1, 2017. It revises complaint procedures to require that complaints be prioritized to resolve the most serious first. Complaints that require medical expertise to review must be reviewed by two or more veterinarian board members, while those not requiring medical expertise may be delegated to a committee of board staff. The bill adds provisions regarding the handling of informal proceedings under the Administrative Procedure Act. The bill clarifies the board's administrative penalty powers, increases the maximum penalty to $5,000 per violation per day, and directs the board to set penalty amounts based on the seriousness of the offense in the case of licensees with controlled substance, dangerous drug, or certain chemical abuse felony convictions. The legislation authorizes the board to issue cease-and-desist orders. Other provisions relate to compliance with continuing education requirements, restitutionary settlement of certain complaints, licensing examination, license renewal, and enforcement matters.