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Public Act 104-0145
Public Act 0145 104TH GENERAL ASSEMBLY | Public Act 104-0145 | | SB2351 Enrolled | LRB104 05051 AAS 15079 b |
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| AN ACT concerning regulation. | Be it enacted by the People of the State of Illinois, | represented in the General Assembly: | Section 5. The Auction License Act is amended by changing | Sections 5-10 and 10-1 as follows: | (225 ILCS 407/5-10) | (Section scheduled to be repealed on January 1, 2030) | Sec. 5-10. Definitions. As used in this Act: | "Advertisement" means any written, oral, or electronic | communication that contains a promotion, inducement, or offer | to conduct an auction or offer to provide an auction service, | including but not limited to brochures, pamphlets, radio and | television scripts, telephone and direct mail solicitations, | electronic media, Internet online, and other means of | promotion. | "Advisory Board" or "Board" means the Auctioneer Advisory | Board. | "Auction" means the sale or lease of property, real or | personal, by means of exchanges between an auctioneer and | prospective purchasers or lessees, which consists of a series | of invitations or bids for offers made by the auctioneer to and | offers by prospective purchasers or lessees for the purpose of | obtaining an acceptable offer for the sale or lease of the |
| property, including the sale or lease of property via mail, | telecommunications, or the Internet online. | "Auction contract" means a written agreement between an | auctioneer or auction firm and a seller or sellers. | "Auction firm" means any corporation, partnership, or | limited liability company that acts as an auctioneer and | provides an auction service. | "Auction school" means any educational institution, public | or private, that offers a curriculum of auctioneer education | and training approved by the Department. | "Auction service" means the service of arranging, | managing, advertising, or conducting auctions. | "Auctioneer" means a person or entity who, for another, | for a fee, compensation, commission, or any other valuable | consideration at auction or with the intention or expectation | of receiving valuable consideration by the means of or process | of an auction or sale at auction or providing an auction | service, offers, negotiates, or attempts to negotiate an | auction contract, sale, purchase, or exchange of goods, | chattels, merchandise, personal property, real property, or | any commodity that may be lawfully kept or offered for sale by | or at auction. | "Address of record" means the designated address recorded | by the Department in the applicant's or licensee's application | file or license file maintained by the Department. | "Buyer premium" means any fee or compensation paid by the |
| successful purchaser of property sold or leased at or by | auction, to the auctioneer, auction firms, seller, lessor, or | other party to the transaction, other than the purchase price. | "Department" means the Department of Financial and | Professional Regulation. | "Division" means the Division of Real Estate within the | Department. | "Email address of record" means the designated email | address recorded by the Department in the applicant's | application file or the licensee's license file maintained by | the Department's licensure maintenance unit. | "Estate sale" means a sale for liquidation of personal | property of an estate owned by one or more individuals, | families, or legal representatives of the estate that is | advertised and scheduled for a predetermined amount of time | and to which the public is invited to participate in a | negotiation or bid for the purchase of the personal property. | "Estate sale service" means the performance of an auction | service for the owners of personal property to be sold at an | estate sale, where an auctioneer undertakes the responsibility | of conducting the sale. "Estate sale service" does not include | the sale of real property. | "Goods" means chattels, movable goods, merchandise, or | personal property or commodities of any form or type that may | be lawfully kept or offered for sale. | "Interactive computer service" means any information |
| service, system, or access software provider that provides or | enables computer access by multiple users to a computer | server, including specifically a service or system that | provides access to the Internet. | "Internet auction listing service" means a website on the | Internet, or other interactive computer service, that is | designed to allow or advertise as a means of allowing users to | offer personal property or services for sale or lease to a | prospective buyer or lessee through an online bid submission | process using that website or interactive computer service and | that does not examine, set the price, prepare the description | of the personal property or service to be offered, or in any | way utilize the services of a natural person as an auctioneer. | "Licensee" means any person licensed under this Act. | "Managing auctioneer" means any person licensed as an | auctioneer who manages and supervises licensees. | "Online auction" means an auction or auction service | conducted by an auctioneer via a website on the Internet, an | application, an interactive computer service, or other similar | media. | "Person" means an individual, association, partnership, | corporation, or limited liability company or the officers, | directors, or employees of the same. | "Pre-renewal period" means the 24 months prior to the | expiration date of a license issued under this Act. | "Real estate" means real estate as defined in Section 1-10 |
| of the Real Estate License Act of 2000 or its successor Acts. | "Secretary" means the Secretary of Financial and | Professional Regulation or his or her designee. | (Source: P.A. 100-534, eff. 9-22-17; 101-345, eff. 8-9-19.) | (225 ILCS 407/10-1) | (Section scheduled to be repealed on January 1, 2030) | Sec. 10-1. Necessity of license; exemptions. | (a) It is unlawful for any person, corporation, limited | liability company, partnership, or other entity to conduct an | auction, provide an auction service, hold himself or herself | out as an auctioneer, or advertise his or her services as an | auctioneer in the State of Illinois without a license issued | by the Department under this Act, except at: | (1) an auction conducted solely by or for a | not-for-profit organization for charitable purposes in | which the individual receives no compensation; | (2) an auction conducted by the owner of the property, | real or personal; | (3) an auction for the sale or lease of real property | conducted by a licensee under the Real Estate License Act, | or its successor Acts, in accordance with the terms of | that Act; | (4) an auction conducted by a business registered as a | market agency under the federal Packers and Stockyards Act | (7 U.S.C. 181 et seq.) or under the Livestock Auction |
| Market Law; | (5) an auction conducted by an agent, officer, or | employee of a federal agency in the conduct of his or her | official duties; and | (6) an auction conducted by an agent, officer, or | employee of the State government or any political | subdivision thereof performing his or her official duties. | (b) Nothing in this Act shall be construed to apply to a | new or used vehicle dealer or a vehicle auctioneer licensed by | the Secretary of State of Illinois, or to any employee of the | licensee, who is a resident of the State of Illinois, while the | employee is acting in the regular scope of his or her | employment for the licensee while conducting an auction that | is not open to the public, provided that only new or used | vehicle dealers, rebuilders, automotive parts recyclers, or | scrap processors licensed by the Secretary of State or | licensed by another state or jurisdiction may buy property at | the auction, or to sales by or through the licensee. | Out-of-state salvage vehicle buyers licensed in another state | or jurisdiction may also buy property at the auction. | (c) Nothing in this Act shall be construed to prohibit a | person under the age of 18 from selling property under $250 in | value while under the direct supervision of a licensed | auctioneer. | (d) Nothing in this Act shall be construed to apply to a | person providing an Internet auction listing service as |
| defined in Section 5-10. | (e) Nothing in this Act shall be construed to apply to a | third-party reseller of personal property where owners or | representatives of an estate have transferred ownership of the | property to the reseller to be sold anonymously. A third-party | reseller may include, but is not limited to, a retail seller, a | consignment seller, or a distributor who does not conduct an | estate sale. | (f) Nothing in this Section shall be construed to apply to | any person as a receiver, trustee in bankruptcy, guardian, | administrator, or executor; any such person acting under an | order of any court, under the direction of any public | authority, or pursuant to any judicial decree; or any such | person acting pursuant to a trust agreement, deed of trust, or | will. | (Source: P.A. 100-534, eff. 9-22-17.) |
Effective Date: 1/1/2026
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