Illinois House Approves Stricter Estate Sale and Auction Regulations

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State Representative Dan Swanson’s legislation aimed at tightening regulations on estate sales and auctions has passed the Illinois House with unanimous support. The measure clarifies the distinctions between estate sales and auctions, addressing concerns about individuals conducting unlicensed auctions under the pretense of estate sales. The Department of Financial and Professional Regulation pushed for stricter definitions to help prevent abuse and ensure all auctioneers are properly licensed. The bill sailed through with a 113-0 vote and, having cleared both legislative chambers, now awaits the governor’s signature to become law. The initiative received bipartisan praise for protecting consumers and reputable businesses.

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