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IL HB5579
Bill
Status
Failed
1/8/2013
Primary Sponsor
Kay Hatcher
Click for details
AI Summary
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Amends the Auction License Act by modifying the definition of "auction" to specifically include estate sales.
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Clarifies that garage sales and yard sales conducted on an individual's premises are not considered auctions under the Act.
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Updates the definition of "auction firm" to explicitly include entities that provide estate sale services.
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Makes definitional changes to Section 5-10 of the Auction License Act (225 ILCS 407/5-10), which is scheduled for repeal on January 1, 2020.
Legislative Description
AUCTION LIC ACT-ESTATE SALES
Last Action
Session Sine Die
1/8/2013
Committee Referrals
Rules3/30/2012
Business Occupational Licenses2/27/2012
Rules2/15/2012
Full Bill Text
No bill text available