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WV SB759
Bill
Status
2/25/2026
Primary Sponsor
Darren Thorne
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AI Summary
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Increases the minimum surety bond requirement for auctioneers from $10,000 to $25,000, while maintaining the $5,000 minimum for apprentice auctioneers
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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
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Establishes new registration requirements for auction firms, including annual registration fees and renewal obligations with the Department of Agriculture
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Expands written contract requirements to include disclosure of buyer's fees, subcontracting arrangements, and provisions for unsold or uncollected items after auctions
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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