TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS
PART 1440 AUCTION LICENSE ACT
SECTION 1440.170 FEES


 

Section 1440.170  Fees

 

a)         The license application fee for an auctioneer for:

 

1)         an initial license application shall be $200;

 

2)         a renewal application shall be $225 per year;

 

3)         a renewal application, with fee, that was postmarked after the expiration date of the license, shall be the renewal fee plus a $50 penalty;

 

4)         a restoration application shall be all lapsed renewal application fees, not to exceed $675, plus a $50 penalty and $25 for a 45 Day Permit Sponsor Card;

 

5)         a 45 Day Permit Sponsor Card application shall be $25.

 

b)         The license application fee for an auction firm for:

 

1)         an initial license application shall be $100;

 

2)         a renewal application shall be calculated at the rate of $125 per year;

 

3)         a renewal application, with fee, that was postmarked after the expiration date of the license shall be the renewal fee plus a $50 penalty;

 

4)         a restoration application shall be all lapsed renewal fees, not to exceed $375, plus a $50 penalty;

 

5)         a managing auctioneer change application shall be $25.

 

c)         The license application fee for an auction school for:

 

1)         an initial license application shall be $2,000;

 

2)         a renewal application shall be $1,000 per year;

 

3)         a renewal application, with fee, that was postmarked after the expiration date of the license shall be the renewal fee plus a $250 penalty.

 

d)         The license application fee for an auction continuing education course shall be $50 per course.  A duplicate course license shall be $25.

 

e)         The fee for a certification of a licensee's record for any purpose shall be $25.

 

f)         The fee for copies, license certification and other services shall be the cost of preparing and providing the same, as established by policy of the Division.

 

g)         The fee for requesting a waiver of continuing education requirements pursuant to Section 10-30 of the Act and Section 1440.310(d)(2) of this Part shall be $25.

 

(Source:  Amended at 43 Ill. Reg. 11293, effective October 11, 2019)