The bill, H.B. No. 4397, proposes the creation of an auctioneer's license specifically for heavy equipment dealers in Texas. It amends Section 1802.051 of the Occupations Code by adding a new subsection (e), which allows the Department to issue an auctioneer's license to corporations, following rules established by the Commission. This addition aims to expand the licensing framework to include corporate entities, thereby facilitating their participation in auctioneering activities related to heavy equipment.

The bill also reaffirms existing regulations regarding who may act as an auctioneer or associate auctioneer in Texas, emphasizing that individuals must hold a valid license issued by the department. The effective date for this legislation is set for September 1, 2025.

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