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A BILL TO BE ENTITLED
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AN ACT
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relating to the creation of an auctioneer's license for heavy |
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equipment dealers. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Sec. 1802.051, Occupations Code, is amended by |
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adding subsection (e) to read as follows: |
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LICENSE REQUIRED. (a) A person may not act as an auctioneer |
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or associate auctioneer in this state unless the person holds a |
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license issued by the department under this chapter. |
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(b) Repealed by Acts 2015, 84th Leg., R.S., Ch. 777 (H.B. |
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2481), Sec. 15, eff. September 1, 2015. |
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(c) Except as provided by Subsection (d), an individual who |
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is licensed under this chapter may not act as an auctioneer or |
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associate auctioneer for an entity unless the entity: |
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(1) is an auction company owned or operated by an |
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individual who is licensed under this chapter; or |
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(2) is a real estate brokerage firm that is operated by |
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a broker licensed by the Texas Real Estate Commission. |
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(d) An individual who is licensed under this chapter may |
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conduct an auction to sell motor vehicles, as defined by Section |
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501.002 or 502.001, Transportation Code, for a person who holds: |
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(1) a dealer general distinguishing number or a |
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wholesale motor vehicle auction general distinguishing number |
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issued under Subchapter B, Chapter 503, Transportation Code; or |
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(2) a license issued under Subchapter C, Chapter 2302. |
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(e) Notwithstanding any other provision in this Chapter, |
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the Department may issue an auctioneer's license to corporations |
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pursuant to rules promulgated by the Commission. |
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SECTION 2. This Act takes effect September 1, 2025. |