State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3175 – Professional Fees – Auctioneers
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Legal Citations:
Revenue Type: Cash — Business Regulation
Origin Date: 1975 by H.B. 1925, 64th Leg.
Issue Date:
Revised Date: 2023-09-01

Description


Registration, exam, and renewal fees for auctioneers and associate auctioneers. Examination fees, renewal fees, penalties and fines are set by department rule.

  1. If on August 31 of any year, the balance in the trust fund is less than $350,000 each licensee shall pay a fee in addition to renewal fees, the greater of $50 or a pro rata share of the amount necessary to bring the fund to $350,000.
  2. The department may charge an auction school a reasonable fee for approving the required curriculum.
  3. New license status of inactive, temporary and emergency fees set by the department.

An administrative penalty under Ch. 51, Subchapter F or G may be assessed (collected under revenue object 3770).



Due Date


Period set by the commission.



Notes


Amended by H.B. 863, 71st Leg., R.S.

Amended by H.B. 2269, 72nd Leg., R.S.

(2) amended by H.B. 135, 78th Leg., R.S.

Amended by S.B. 279, 78th Leg., R.S.

(3) added by H.B. 2310, 81st Leg., R.S.

Balance required to charge $50 fee increased from $300,000 to $350,000 per H.B. 3038, 83rd Leg., R.S.

H.B. 2481, 84th Leg., R.S. added associate auctioneers.

Amended by H.B. 4416, 88th Leg., R.S.



USAS Values


Appropriation Year 26
USAS Title PROFESSIONAL FEES
Receipt Category 03 – Business Regulation
Receipt Type 10 – Business/Professional Fees
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 01 – LICENSES, FEES, FINES, AND PENALTIES



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