SB1866 Summary

• Amends the Auction License Act to allow the Department to issue cease and desist orders, establish a 5-year statute of limitations for enforcement actions, and create licensing requirements for auction schools and their courses.

• Modifies the Community Association Manager Licensing Act and Home Inspector License Act to increase maximum board member tenure from 10 to 12 years, add grounds for removal based on missed meetings, and clarify continuing education waiver provisions.

• Updates the Real Estate License Act of 2000 to allow Individual Taxpayer Identification Numbers as alternatives to Social Security Numbers, prohibit real estate liens on residential property for broker compensation, and add provisions for cease and desist orders and injunctive relief.

• Revises the Real Estate Appraiser Licensing Act of 2002 and Appraisal Management Company Registration Act to expand definitions, clarify discipline procedures, and change pronoun references throughout to use gender-neutral language.

• Makes technical amendments across multiple licensing acts to replace gendered pronouns with gender-neutral terms and standardize disciplinary procedures and notification requirements.