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IL HB1718

Bill

Official Source

Status

Failed

1/8/2013

Primary Sponsor

Jim Sacia

Click for details

Origin

House of Representatives

97th General Assembly

AI Summary

  • Removes language exempting new or used vehicle dealers from licensure requirements under the Auction License Act (225 ILCS 407/10-1).

  • Vehicle auctioneers licensed by the Secretary of State remain exempt from auction licensing requirements when conducting non-public auctions restricted to licensed dealers, rebuilders, automotive parts recyclers, and scrap processors.

  • Maintains existing exemptions for auctions conducted by not-for-profit organizations, property owners, real estate licensees, livestock market agencies, and federal or state government agents.

  • Takes effect immediately upon becoming law.

Legislative Description

AUCTION-LICENSE EXEMPTION

Last Action

Session Sine Die

1/8/2013

Committee Referrals

Rules3/17/2011
Business Occupational Licenses3/7/2011
Executive2/22/2011
Rules2/16/2011

Full Bill Text

No bill text available