| This bill requires an Internet auction listing service to |
| register with the Department of Professional and Financial |
| Regulation, Office of Licensing and Registration if that service |
| is located in the State, if a user of the service is located in |
| the State or if personal property or a service offered for sale |
| or lease is located or provided in the State. As part of this |
| registration, among other requirements, the bill requires that |
| covered Internet auction listing services collect and maintain |
| users' contact information and have policies enabling complaints |
| to be made and users to be suspended. The bill additionally |
| makes operation of a covered Internet auction listing service |
| without registering a Class E crime, enumerates grounds for |
| denial or suspension of a registration and gives the Commissioner |
| of Professional and Financial Regulation authority to adopt rules |
| to implement the registration process. |
