SB 1674

Abstract

Amends the Regulatory Sunset Act. Extends the repeal date of the Auction License Act from January 1, 2020 to January 1, 2030. Effective immediately. Senate Floor Amendment No. 1 Adds reference to: 225 ILCS 407/5-10 225 ILCS 407/10-5 225 ILCS 407/10-22 new 225 ILCS 407/10-40 225 ILCS 407/10-45 225 ILCS 407/15-5 225 ILCS 407/15-15 225 ILCS 407/20-15 225 ILCS 407/20-43 225 ILCS 407/20-56 225 ILCS 407/10-15a rep. 225 ILCS 407/10-35 rep. 225 ILCS 407/20-25 rep. 225 ILCS 407/20-70 rep. Replaces everything after the enacting clause. Amends the Regulatory Sunset Act. Extends the repeal date of the Auction License Act from January 1, 2020 to January 1, 2030. Amends the Auction License Act. Removes references to associate auctioneers, sponsoring auctioneers, and sponsor cards throughout the Act. Makes changes concerning definitions. Requires that all applicants and licensees shall provide a valid address and email address, which shall serve as the address and email address of record, and shall inform the Department of Financial and Professional Regulation of any change of address or email address through specified means. Allows for service of certain notices by email. Repeals provisions concerning surrender of licenses. Makes other changes. Effective immediately.