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HB 451 (BR 1942) - D. Ford

     AN ACT relating to the auctioneer's education, research, and recovery fund and making an appropriation therefor.
     Amend KRS 330.190 to redefine the current statutory purposes of the auctioneer's education, research, and recovery fund; broaden the purposes of the fund to include benefiting those seeking a license, licensees, and consumers served by licensees; authorize reimbursement to the trust and agency account for expenses incurred in subsidizing the programs and activities under the responsibility of the recovery fund; set cap not to exceed $250,000 annually for transfers or reimbursements of funds from the recovery fund to the trust and agency account; direct that the statement of income and expenses of the fund are in accordance with state financial reporting requirements.

     Feb 23-introduced in House
     Feb 27-to Licensing & Occupations (H)
     Feb 29-posted in committee

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