Revision: Dec. 8, 2017, noon
SB 316 - AS INTRODUCED
2018 SESSION
18-2873
05/01
SENATE BILL 316
AN ACT relative to the regulation of online auctions.
SPONSORS: Sen. French, Dist 7; Sen. Reagan, Dist 17
COMMITTEE: Commerce
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ANALYSIS
This bill exempts online auctions from licensure requirements and regulation by the board of auctioneers.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
18-2873
05/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eighteen
AN ACT relative to the regulation of online auctions.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Auctioneers; Exceptions. Amend RSA 311-B:13, V to read as follows:
V. Any [individual] person may, without being licensed, sell the personal property of another individual utilizing a service that assists such individual in accessing an online Internet marketplace[, who does not take physical or legal possession of goods being sold, and who does not collect or transmit payment for transactions except by a secure money transmitter or other online payment transaction method. Such an individual may accept an associated fee, provided that such individual does not:
(a) Represent by any verbal statement, sign, letterhead, card, or any other way that he or she is an auctioneer or able to perform auctioneering services; or
(b) Use or otherwise assume in conjunction with the personal name, or advertise any title or description tending to convey the impression that such person is an auctioneer licensed under this chapter]. An online auction or Internet marketplace shall be exempt from the requirements of this chapter.
2 Effective Date. This act shall take effect 60 days after its passage.