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TO AMEND SECTION 40-6-240(B) OF THE 1976 CODE, RELATING TO CONTINUING EDUCATION REQUIREMENTS FOR LICENSED AUCTIONEERS, TO PROVIDE THAT A LICENSEE WHO IS SIXTY-FIVE YEARS OLD OR OLDER WITH TWENTY-FIVE YEARS OF LICENSURE MAY APPLY FOR A CONTINUING EDUCATION WAIVER.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 40-6-240(B) of the 1976 Code is amended to read:
"(B) When a licensee applies for renewal, the licensee shall submit proof with the renewal form, in a form acceptable to the commission, that the licensee has acquired commission-approved continuing education of at least four hours within the previous twelve months. Continuing education is not required of apprentice auctioneers and auction firm license holders unless the owner or manager is a licensed auctioneer. A licensee who is sixty-five years of age or older with a minimum of twenty-five years of licensure may apply to the commission to be granted an experience-based continuing education waiver to maintain active licensure."
SECTION 2. This act takes effect upon approval by the Governor.
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