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WV SB759

Bill

Status

Engrossed

2/25/2026

Primary Sponsor

Darren Thorne

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Increases the minimum surety bond requirement for auctioneers from $10,000 to $25,000, while maintaining the $5,000 minimum for apprentice auctioneers

  • Extends the grace period for apprentice auctioneers to continue performing auctions after license expiration from 20 days to 30 days, matching the timeframe for licensed auctioneers

  • Establishes new registration requirements for auction firms, including annual registration fees and renewal obligations with the Department of Agriculture

  • Expands written contract requirements to include disclosure of buyer's fees, subcontracting arrangements, and provisions for unsold or uncollected items after auctions

  • Directs civil penalty payments to the West Virginia Department of Agriculture rather than the State of West Virginia, and changes notification method for commissioner orders from registered mail to certified mail

Legislative Description

Relating to agency changes to auctioneers

Agriculture

Last Action

To House Government Organization

2/26/2026

Committee Referrals

Government Organization2/26/2026
Finance2/11/2026
Government Organization2/5/2026

Full Bill Text

No bill text available