Illinois SB2351 amends the Auction License Act to define "estate sale," "estate sale service," and "online auction," and exempts certain activities.
Illinois SB2351 amends the Auction License Act by adding definitions for "estate sale," "estate sale service," and "online auction." It specifies that an "Internet auction listing service" does not include an online auction. The bill exempts certain activities from the need for a license, including estate sales, online auctions, and estate sale services, under specific conditions. It also exempts certain individuals and entities, such as those conducting auctions for charitable purposes or selling their own property, from the license requirement. The changes take effect on January 1, 2026.
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