Illinois Senate Bill 2901 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

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.

REAL ESTATE LICENSE ACT

Sen. Emil Jones [D]

Date	Chamber	Action
2021-01-13	Senate	Session Sine Die
2020-05-15	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020
2020-05-07	Senate	Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
2020-05-07	Senate	Rule 2-10 Committee Deadline Established As May 22, 2020
2020-04-30	Senate	Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
2020-04-30	Senate	Rule 2-10 Committee Deadline Established As May 15, 2020
2020-04-23	Senate	Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
2020-04-23	Senate	Rule 2-10 Committee Deadline Established As May 7, 2020
2020-04-16	Senate	Rule 2-10 Committee Deadline Established As April 30, 2020
2020-04-12	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2020-03-25	Senate	Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
2020-03-25	Senate	Rule 2-10 Committee Deadline Established As April 24, 2020
2020-03-18	Senate	Rule 2-10 Committee Deadline Established As April 2, 2020
2020-02-11	Senate	Assigned to Licensed Activities
2020-02-04	Senate	Referred to Assignments
2020-02-04	Senate	First Reading
2020-02-04	Senate	Filed with Secretary by Sen. Emil Jones, III

Chapter	Article	Section	Citation Type	Statute Text
225	454	1-10	Amended Code	Citation Text
225	454	15-35	Amended Code	Citation Text
225	454	15-45	Amended Code	Citation Text
225	454	20-110	Amended Code	Citation Text
225	454	20-20	Amended Code	Citation Text
225	454	20-20.1	Amended Code	Citation Text
225	454	25-10	Amended Code	Citation Text
225	454	25-21	Repealed Code	Citation Text
225	454	25-38	New Code	See Bill Text
225	454	30-15	Amended Code	Citation Text
225	454	30-25	Amended Code	Citation Text
225	454	5-10	Amended Code	Citation Text
225	454	5-50	Amended Code	Citation Text
225	454	5-70	Amended Code	Citation Text
225	456	Act	Repealed Code	Citation Text
30	105	5.557	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2901&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/SB/10100SB2901.htm