Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Auctioneer Commission seeks level funding, highlights $4.5 billion escrow flow and need for state office space
Summary
The Mississippi Auctioneer Commission asked for level funding and told the subcommittee it handles about $4.5 billion in escrow transactions annually, reported only two complaints last year, and said statute requires an office that the commission lacks; the commission also flagged a statutory $5,000 promoter bond it considers low.
Wyvonne Laird, executive director of the Mississippi Auctioneer Commission, asked the Appropriations Subcommittee to approve level funding recommended by the Legislative Budget Office and gave an overview of the commission’s recent activity and enforcement record.
Laird said the commission licenses about 482 active licensees and that auction businesses routed approximately $4.5 billion through escrow accounts last year. She told the committee the agency…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
