IL HB4452 | 2019-2020 | 101st General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 31 2020 - 25% progression, died in committee
Action: 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Real Estate License Act of 2000. Makes changes in provisions concerning definitions; the expiration and renewal of a managing broker, broker, or residential leasing agent license; continuing education requirements; sponsoring brokers; agency relationship disclosure; dual agency; grounds for discipline; citations; licensing of education providers; approval of courses; and the Real Estate Administration and Disciplinary Board. Provides that on January 1, 2021, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the remaining balance from the Real Estate Audit Fund into the Real Estate License Administration Fund. Amends the State Finance Act to repeal provisions creating the Real Estate Audit Fund as a special fund in the State Treasury. Repeals the Real Estate Regulation Transfer Act. Effective immediately.

Tracking Information

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Title

REAL ESTATE LICENSE ACT

Sponsors


History

DateChamberAction
2020-06-23HouseRule 19(b) / Re-referred to Rules Committee
2020-03-05HousePlaced on Calendar 2nd Reading - Short Debate
2020-03-04HouseDo Pass / Short Debate Labor & Commerce Committee; 028-000-001
2020-02-18HouseAssigned to Labor & Commerce Committee
2020-02-03HouseReferred to Rules Committee
2020-02-03HouseFirst Reading
2020-01-31HouseFiled with the Clerk by Rep. Marcus C. Evans, Jr.

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2254541-10Amended CodeCitation Text
22545415-35Amended CodeCitation Text
22545415-45Amended CodeCitation Text
22545420-110Amended CodeCitation Text
22545420-20Amended CodeCitation Text
22545420-20.1Amended CodeCitation Text
22545425-10Amended CodeCitation Text
22545425-21Repealed CodeCitation Text
22545425-38New CodeSee Bill Text
22545430-15Amended CodeCitation Text
22545430-25Amended CodeCitation Text
2254545-10Amended CodeCitation Text
2254545-50Amended CodeCitation Text
2254545-70Amended CodeCitation Text
225456ActRepealed CodeCitation Text
301055.557Amended CodeCitation Text

Illinois State Sources


Bill Comments

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