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2015 Senate Bill 26: Revise real estate licensure details

Public Act 502 of 2016

Introduced by Sen. Mike Kowall (R) on January 22, 2015 To revise, update and expand many details of the law that imposes a licensure mandate on real estate brokers and salespersons. Among other things, the bill would establish that possession of a law degree or MBA degree would be considered equivalent to 60 of the 90 hours of instruction mandated to obtain a broker’s license.   Official Text and Analysis.
Referred to the Senate Regulatory Reform Committee on January 22, 2015
Reported in the Senate on October 20, 2016 With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed 36 to 0 in the Senate on October 20, 2016.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To revise, update and expand many details of the law that imposes a licensure mandate on real estate brokers and salespersons. Among other things, the bill would establish that possession of a law degree or MBA degree would be considered equivalent to 60 of the 90 hours of instruction mandated to obtain a broker’s license.
Received in the House on November 9, 2016
Referred to the House Regulatory Reform Committee on November 9, 2016
Reported in the House on November 30, 2016 With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Amendment offered by Rep. Martin Howrylak (R) on December 13, 2016 To remove a requirement that any promotion by a real estate salesperson or broker to include the business name of the employing broker.
The amendment failed by voice vote in the House on December 13, 2016
Passed 106 to 2 in the House on December 13, 2016.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To revise, update and expand many details of the law that imposes a licensure mandate on real estate brokers and salespersons. Among other things, the bill would establish that possession of a law degree or MBA degree would be considered equivalent to 60 of the 90 hours of instruction mandated to obtain a broker’s license.
Received in the Senate on December 13, 2016
Passed 37 to 0 in the Senate on December 13, 2016.
    See Who Voted "Yes" and Who Voted "No".
To concur with the House-passed version of the bill.
Signed by Gov. Rick Snyder on January 5, 2017

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