Introduced
by
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.
Referred to the Committee on Regulatory Reform
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 36 to 0 (details)
Referred to the Committee on Regulatory Reform
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Amendment offered
by
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
Passed in the House 106 to 2 (details)
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.
Passed in the Senate 37 to 0 (details)
To concur with the House-passed version of the bill.