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IL HB1722

Bill

Official Source

Status

Failed

1/8/2013

Primary Sponsor

Jim Sacia

Click for details

Origin

House of Representatives

97th General Assembly

AI Summary

  • Amends the Auction License Act by removing the licensing exemption for auctions of real property conducted by Real Estate License Act licensees.

  • Real estate licensees conducting auctions for the sale or lease of real property must now obtain an auctioneer license under the Auction License Act.

  • Maintains existing exemptions for non-profit charitable auctions, owner-conducted auctions, livestock market agencies, and government employees performing official duties.

  • Takes effect immediately upon becoming law.

Legislative Description

AUCTION LICENSE ACT-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