Illinois SB 2001: ONLINE MARKET-ILLEGAL GOODS

Status: Public Act . . . . . . . . . 104-0130 (as of 2025-08-01)

State: Illinois · Session: 104th · Bill: SB 2001

Sponsors: Katie Stuart, Laura Fine, Angelica Guerrero-Cuellar, Dan Swanson, Dave Vella, Harry Benton, Jennifer Gong-Gershowitz, Joyce Mason, Margaret Croke, Martha Deuter, Matt Hanson, Maurice A. West, II, Michael J. Kelly, Natalie A. Manley, Nicolle Grasse, Rick Ryan, Sharon Chung, Stephanie A. Kifowit, Terra Costa Howard, Wayne A. Rosenthal, Yolonda Morris

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SB2001 EnrolledLRB104 02914 SPS 12930 b

1 AN ACT concerning business.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Auction License Act is amended by changing 

5Section 15-10 as follows:

6 (225 ILCS 407/15-10)

7 (Section scheduled to be repealed on January 1, 2030)

8 Sec. 15-10. Auction contract. Any auctioneer or auction 

9firm shall not conduct an auction or provide an auction 

10service, unless the auctioneer or auction firm enters into a 

11written auction contract with the seller of any property at 

12auction prior to the date of the auction. Any agreement shall 

13state whether the auction is with reserve or absolute. The 

14agreement shall be signed by the auctioneer or auction firm 

15conducting an auction or providing an auction service and the 

16seller or sellers, or the legal agent of the seller or sellers 

17of the property to be offered at or by auction, and shall 

18include, but not be limited to the following disclosures:

19 (1) Licensees shall disclose:

20 (A) the name, license number, business address, 

21 and phone number of the auctioneer or auction firm 

22 conducting an auction or providing an auction service;

23 (B) the fee to be paid to the auctioneer or auction 

SB2001 Enrolled- 2 -LRB104 02914 SPS 12930 b

1 firm for conducting an auction or providing an auction 

2 service;

3 (C) an estimate of the advertising costs that 

4 shall be paid by the seller or sellers of property at 

5 auction and a disclosure that, if the actual 

6 advertising costs e

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