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1 | AN ACT concerning regulation.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Auction License Act is amended by changing | |||||||||||||||||||
5 | Section 10-1 as follows:
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6 | (225 ILCS 407/10-1)
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7 | (Section scheduled to be repealed on January 1, 2020)
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8 | Sec. 10-1. Necessity of license; exemptions.
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9 | (a) It is unlawful for any
person, corporation,
limited | |||||||||||||||||||
10 | liability company, partnership, or other entity to conduct an | |||||||||||||||||||
11 | auction,
provide an auction
service, hold himself or herself | |||||||||||||||||||
12 | out as an auctioneer, or advertise his or her
services as an | |||||||||||||||||||
13 | auctioneer
in the State of Illinois without a license issued by | |||||||||||||||||||
14 | the Department under this Act,
except at:
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15 | (1) an auction conducted solely by or for a | |||||||||||||||||||
16 | not-for-profit organization
for
charitable
purposes in | |||||||||||||||||||
17 | which the individual receives no compensation;
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18 | (2) an auction conducted by the owner of the property, | |||||||||||||||||||
19 | real or personal;
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20 | (3) (blank) an auction for the sale or lease of real | |||||||||||||||||||
21 | property conducted by a
licensee
under the
Real Estate | |||||||||||||||||||
22 | License Act, or its successor Acts, in accordance with the | |||||||||||||||||||
23 | terms of
that Act ;
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1 | (4) an auction conducted by a business registered as a | ||||||
2 | market
agency under the federal Packers and Stockyards Act | ||||||
3 | (7 U.S.C. 181 et seq.) or
under the Livestock Auction | ||||||
4 | Market Law;
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5 | (5) an auction conducted by an agent, officer, or | ||||||
6 | employee of a federal
agency in the conduct of his or her | ||||||
7 | official duties; and
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8 | (6) an auction conducted by an agent, officer, or | ||||||
9 | employee of the State
government or any political | ||||||
10 | subdivision thereof performing his or her official
duties.
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11 | (b) Nothing in this Act shall be construed to apply to a | ||||||
12 | new or used
vehicle dealer
or a vehicle auctioneer licensed by | ||||||
13 | the Secretary of State of Illinois, or
to any employee of the
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14 | licensee, who is a resident of the State of Illinois,
while the | ||||||
15 | employee is acting in the regular scope of his or her | ||||||
16 | employment for
the licensee
while conducting an auction that is | ||||||
17 | not open to the public, provided that
only new or used vehicle | ||||||
18 | dealers,
rebuilders, automotive parts recyclers, or scrap | ||||||
19 | processors licensed by the Secretary of State or licensed by
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20 | another state or jurisdiction may buy property at the auction, | ||||||
21 | or to sales by or
through the licensee. Out-of-state salvage | ||||||
22 | vehicle buyers licensed in another state or jurisdiction may | ||||||
23 | also buy property at the auction.
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24 | (c) Nothing in this Act shall be construed to prohibit a | ||||||
25 | person under the
age of 18 from selling property under $250 in | ||||||
26 | value while under the direct
supervision of a licensed |
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1 | auctioneer.
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2 | (d) Nothing in this Act, except Section 10-27, shall be | ||||||
3 | construed to
apply to a person while providing an Internet | ||||||
4 | auction listing service as
defined
in Section 10-27.
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5 | (Source: P.A. 95-572, eff. 6-1-08; 95-783, eff. 1-1-09; 96-730, | ||||||
6 | eff. 8-25-09.)
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7 | Section 99. Effective date. This Act takes effect upon | ||||||
8 | becoming law.
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