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AL HB339

Bill

Official Source

Status

Engrossed

4/7/2021

Primary Sponsor

David Faulkner

Click for details

Origin

House of Representatives

Regular Session 2021

AI Summary

  • Amends Section 34-4-3 of the Code of Alabama 1975 to exempt computer-automated Internet auctions from State Board of Auctioneers regulation.
  • Adds new subsection (b) exempting sales through Internet websites that use computer automation to accept competitive bids and a countdown clock to determine when bidding ends, without requiring an auctioneer to call bids.
  • Maintains existing exemptions for court-ordered sales, trustees, guardians, administrators, executors, and public authority auctions.
  • Takes effect on the first day of the third month following passage and approval by the Governor.

Legislative Description

Auctioneers, State Board of, exempting computer-automated Internet auctions from regulation by the board, Sec. 34-4-3 am'd.

Auctioneers, State Board of

Last Action

Pending third reading on day 27 Favorable from Governmental Affairs

4/27/2021

Committee Referrals

Governmental Affairs4/8/2021
State Government2/4/2021

Full Bill Text

No bill text available