HB35 Alabama 2013 Session

Summary

Primary Sponsor

Kurt Wallace

Republican

Session

Regular Session 2013

Title

Auctions, required to report certain transactions, Sec. 34-4-55 added

Summary

HB35 would require auction business owners to record every sale over $100 and share a correct copy with law enforcement, with specific penalties for noncompliance and a defined effective date.

What This Bill Does

It adds a new requirement (Section 34-4-55) that owners of auction businesses must keep a correct record of all goods sold for more than $100 and provide that record to the appropriate law enforcement agency. The records must be a true copy of the entries. It also changes how penalties apply by exempting violations of the new record-keeping requirement from the general penalties, while imposing up to a $1,000 fine for each willful violation of the new section. The act becomes law on the first day of the third month after governor approval.

Who It Affects

• Owners of auction businesses or businesses of auctioneering: must maintain records of qualifying sales and provide copies to law enforcement; face potential fines for willful noncompliance.
• Law enforcement agencies: will have access to the auction records for investigation and enforcement purposes.

Key Provisions

• Adds Section 34-4-55 requiring the owner of an auction business to maintain a correct record of all goods sold for more than $100.
• Requires the owner to make a correct record of these transactions available to the appropriate law enforcement agency.
• Provides that the records must be a correct copy of the entries made for goods sold at auction.
• Amends the penalties to carve out that violations of Section 34-4-55 are governed by its own penalties, including a fine not exceeding $1,000 per violation for willful violations.
• Sets the effective date as the first day of the third month after approval by the Governor.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Auctions and Auctioneers