IL SB3498 | 2025-2026 | 104th General Assembly
Status
Sponsorship: Partisan Bill (Democrat 2)
Status: Introduced on February 5 2026 - 25% progression, died in committee
Action: 2026-05-22 - Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 5 2026 - 25% progression, died in committee
Action: 2026-05-22 - Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Auction License Act. Changes the name of the Act to the Auction and Estate Sale License Act. Provides that "estate sale" means the sale of personal property for a principal that is conducted on premises or online, where items are offered to the public at posted, fixed prices (rather than 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). Provides that every person who desires to obtain an estate sale license under the Act shall perform certain actions. Provides that any corporation, limited liability company, or partnership who desires to obtain an estate sale license shall, in addition to other requirements, perform certain actions. Provides that the Department of Financial and Professional Regulation shall not require applicants to report certain information and shall not consider certain criminal history records in connection with an application for licensure. Provides that an applicant or licensee shall report to the Department, in a manner prescribed by the Department, within 30 days after the occurrence if, during the term of licensure, certain judicial or administrative actions occur against the applicant or licensee. Provides that persons, corporations, limited liability companies, or partnerships who conduct estate sales on and after the effective date of the amendatory Act must apply for an estate sale license no later than 12 months after the effective date of the amendatory Act. Requires the Department to waive the written examination for applicants under the Act who demonstrate active operation for 24 months before June 1, 2026. Provides that estate sale licensees shall not conduct competitive bidding. Provides that, if an estate sale licensee intends to auction specific high-value items, the licensee shall co-sign those items to a licensed auctioneer. Makes other changes. Amends the Regulatory Sunset Act, the Retailers' Occupation Tax Act, the Township Code, the Real Estate License Act of 2000, the Firearm Dealer License Certification Act, the Unified Code of Corrections, and the Ticket Sale and Resale Act to make conforming changes.
Title
ESTATE SALE LICENSES
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2026-05-22 | Senate | Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments |
| 2026-05-22 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2026-05-15 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026 |
| 2026-04-29 | Senate | Postponed - Judiciary |
| 2026-04-29 | Senate | Senate Committee Amendment No. 1 Postponed - Judiciary |
| 2026-04-28 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Judiciary |
| 2026-04-24 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026 |
| 2026-04-21 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2026-04-21 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Suzy Glowiak Hilton |
| 2026-04-14 | Senate | Re-assigned to Judiciary |
| 2026-04-14 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2026 |
| 2026-03-27 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2026-03-13 | Senate | Rule 2-10 Committee Deadline Established As March 27, 2026 |
| 2026-02-17 | Senate | Assigned to Judiciary |
| 2026-02-09 | Senate | Added as Chief Co-Sponsor Sen. Paul Faraci |
| 2026-02-05 | Senate | Referred to Assignments |
| 2026-02-05 | Senate | First Reading |
| 2026-02-05 | Senate | Filed with Secretary by Sen. Suzy Glowiak Hilton |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 225 | 407 | 10-21 | New Code | See Bill Text |
| 225 | 407 | 10-21.5 | New Code | See Bill Text |
| 225 | 407 | 5-1 | Amended Code | Citation Text |
| 225 | 407 | 5-10 | Amended Code | Citation Text |
| 225 | 407 | Act title | Amended Code | Citation Text |
| 225 | 454 | 10-5 | Amended Code | Citation Text |
| 225 | 454 | 20-20 | Amended Code | Citation Text |
| 225 | 454 | 5-32 | Amended Code | Citation Text |
| 35 | 120 | 1 | Amended Code | Citation Text |
| 430 | 68 | 5-25 | Amended Code | Citation Text |
| 5 | 80 | 4.40 | Amended Code | Citation Text |
| 60 | 1 | 30-50 | Amended Code | Citation Text |
| 730 | 5 | 5-5-5 | Amended Code | Citation Text |
| 770 | 103 | 10 | Amended Code | Citation Text |
| 815 | 414 | 1.5 | Amended Code | Citation Text |
