Am. Sub. H.B. No. 321 Summary

• Eliminates apprentice auctioneer and special auctioneer license categories; only individual auctioneers and auction firms will be licensed going forward.

• Requires all auctioneers and auction firm managers to complete 8 hours of continuing education prior to license renewal, with specific topics mandated (3 hours in contract law/ethics/escrow accounts and 5 hours in business/marketing/insurance topics).

• Creates automatic suspension and revocation procedures for licenses when continuing education requirements are not met within specified timeframes.

• Changes auction firm licenses from annual to biennial (2-year) licenses with fees of $200 for first year and $100 for second year of biennium.

• Modifies self-service storage facility lien enforcement procedures to allow electronic mail notice delivery to occupants under certain conditions and clarifies towing service authority for motor vehicles and watercraft.