By F. Brown H.B. No. 324 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to penalties and funds collected for the Auctioneers Act. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Section 11, Chapter 320, Acts of the 64th 1-5 Legislature Regular Session, 1975 (Article 8700, Vernon's Texas 1-6 Civil Statutes), is amended to read as follows: 1-7 Sec. 11. PENALTIES. (a) Whoever acts as an auctioneer as 1-8 defined in this Act without first obtaining a license commits a 1-9 Class B misdemeanor. 1-10 (b) Whoever violates any other provisions of this Act or any 1-11 rule or regulation promulgated by the commissioner in the 1-12 administration of this Act, for the violation of which no other 1-13 penalty is provided, commits a Class C misdemeanor. 1-14 (c) The department shall have the authority to set penalties 1-15 and fines for violations of this Act on a penalty by rule basis. 1-16 Sec. 12. DISPOSITION OF REVENUES. (a) All money collected 1-17 by the department, excluding funds for the Education and Recovery 1-18 Fund, shall be deposited to the credit of the auctioneers account 1-19 in the general fund and may be used only to administer this 1-20 chapter. 1-21 (b) The Executive Director shall allocate no more than 20 2-1 per cent of the money in the account in the general revenue fund to 2-2 cover administrative costs of the department. 2-3 SECTION 2. (a) Except as provided by Subsection (b), this 2-4 Act takes effect September 1, 1999. 2-5 SECTION 3. The importance of this legislation and the 2-6 crowded condition of the calendars in both houses create an 2-7 emergency and an imperative public necessity that the 2-8 constitutional rule requiring bills to be read on three several 2-9 days in each house be suspended, and this rule is hereby suspended.