Bill Text: IL SB3018 | 2009-2010 | 96th General Assembly | Enrolled

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Bill Title: Amends the Real Estate License Act of 2000. Beginning on May 1, 2012, provides that a managing broker, broker, or leasing agent whose license has been expired for more than 2 years but less than 5 years may have it restored by (i) applying to the Department, (ii) paying the required fee, (iii) completing the continuing education requirements for the current pre-renewal period, and (iv) filing acceptable proof of fitness to have his or her license restored, as set by rule. Provides that a managing broker, broker, salesperson, or leasing agent whose license has been expired for more than 5 years shall be required to meet the requirements for a new license (now, 2 years). Also makes technical changes.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2010-07-02 - Public Act . . . . . . . . . 96-0989 [SB3018 Detail]

Download: Illinois-2009-SB3018-Enrolled.html

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AN ACT concerning professional regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Real Estate License Act of 2000 is amended
by changing Section 5-50 as follows:
(225 ILCS 454/5-50)
(Section scheduled to be repealed on January 1, 2020)
Sec. 5-50. Expiration and renewal of managing broker,
broker, salesperson, or leasing agent license; sponsoring
broker; register of licensees; pocket card.
(a) The expiration date and renewal period for each license
issued under this Act shall be set by rule, except that the
first renewal period ending after the effective date of this
Act for those licensed as a salesperson shall be extended
through April 30, 2012. Except as otherwise provided in this
Section, the holder of a license may renew the license within
90 days preceding the expiration date thereof by completing the
continuing education required by this Act and paying the fees
specified by rule.
(b) An individual whose first license is that of a broker
received after April 30, 2011, must provide evidence of having
completed 30 hours of post-license education in courses
approved by the Advisory Council, 15 hours of which must

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consist of situational and case studies presented in the
classroom or by other interactive delivery method presenting
instruction and real time discussion between the instructor and
the students, and personally take and pass an examination
approved by the Department prior to the first renewal of their
broker's license.
(c) Any salesperson until April 30, 2011 or any managing
broker, broker, salesperson or leasing agent whose license
under this Act has expired shall be eligible to renew the
license during the 2-year period following the expiration date,
provided the managing broker, broker, salesperson, or leasing
agent pays the fees as prescribed by rule and completes
continuing education and other requirements provided for by the
Act or by rule. Beginning on May 1, 2012, a managing broker
licensee, broker, or leasing agent whose license has been
expired for more than 2 years but less than 5 years may have it
restored by (i) applying to the Department, (ii) paying the
required fee, (iii) completing the continuing education
requirements for the most recent pre-renewal period that ended
prior to the date of the application for reinstatement, and
(iv) filing acceptable proof of fitness to have his or her
license restored, as set by rule. A managing broker, broker,
salesperson or leasing agent whose license has been expired for
more than 5 2 years shall be required to meet the requirements
for a new license.
(d) Notwithstanding any other provisions of this Act to the

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contrary, any managing broker, broker, salesperson, or leasing
agent whose license expired while he or she was (i) on active
duty with the Armed Forces of the United States or called into
service or training by the state militia, (ii) engaged in
training or education under the supervision of the United
States preliminary to induction into military service, or (iii)
serving as the Coordinator of Real Estate in the State of
Illinois or as an employee of the Department may have his or
her license renewed, reinstated or restored without paying any
lapsed renewal fees if within 2 years after the termination of
the service, training or education by furnishing the Department
with satisfactory evidence of service, training, or education
and it has been terminated under honorable conditions.
(e) The Department shall establish and maintain a register
of all persons currently licensed by the State and shall issue
and prescribe a form of pocket card. Upon payment by a licensee
of the appropriate fee as prescribed by rule for engagement in
the activity for which the licensee is qualified and holds a
license for the current period, the Department shall issue a
pocket card to the licensee. The pocket card shall be
verification that the required fee for the current period has
been paid and shall indicate that the person named thereon is
licensed for the current renewal period as a managing broker,
broker, salesperson, or leasing agent as the case may be. The
pocket card shall further indicate that the person named
thereon is authorized by the Department to engage in the

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licensed activity appropriate for his or her status (managing
broker, broker, salesperson, or leasing agent). Each licensee
shall carry on his or her person his or her pocket card or, if
such pocket card has not yet been issued, a properly issued
sponsor card when engaging in any licensed activity and shall
display the same on demand.
(f) The Department shall provide to the sponsoring broker a
notice of renewal for all sponsored licensees by mailing the
notice to the sponsoring broker's address of record, or, at the
Department's discretion, by an electronic means as provided for
by rule.
(g) Upon request from the sponsoring broker, the Department
shall make available to the sponsoring broker, either by mail
or by an electronic means at the discretion of the Department,
a listing of licensees under this Act who, according to the
records of the Department, are sponsored by that broker. Every
licensee associated with or employed by a broker whose license
is revoked, suspended, terminated, or expired shall be
considered as inoperative until such time as the sponsoring
broker's license is reinstated or renewed, or the licensee
changes employment as set forth in subsection (c) of Section
5-40 of this Act.
(Source: P.A. 96-856, eff. 12-31-09.)