SENATE BILL REPORT

 

 

                                    SB 5510

 

 

BYSenators Warnke, McCaslin and Smitherman; by request of Department of Licensing

 

 

Modifying provisions relating to real estate licenses.

 

 

Senate Committee on Commerce & Labor

 

      Senate Hearing Date(s):February 24, 1987; February 27, 1987

 

Majority Report:  That Substitute Senate Bill No. 5510 be substituted therefor, and the substitute bill do pass.

      Signed by Senators Warnke, Chairman; Smitherman, Vice Chairman; Lee, Sellar, Tanner, Vognild, West, Williams.

 

      Senate Staff:Jean Meyn (786-7472)

                  February 27, 1987

 

 

        AS REPORTED BY COMMITTEE ON COMMERCE & LABOR, FEBRUARY 27, 1987

 

BACKGROUND:

 

The Department of Licensing requests this legislation in order to clarify and strengthen its regulatory authority over licensure of individuals and corporations in real estate.  To upgrade the education of licensees, the Department wants the ability to make grants to higher education institutions.

 

The Department sees a need to have authority to impose fines for enforcement, the money generated is to be used solely for the education of licensees.

 

Existing law sets specific dollar amounts for all fees; the Department requests the flexibility to set fees.

 

SUMMARY:

 

The Department of Licensing is given authority to impose fines, not to exceed $1,000, for violation of real estate licensure, to make grants to higher education institutions and to set all the fee amounts.

 

The fines collected are deposited in an account to be used solely for the education of licensees, either through Department sponsored programs or through grants to higher education.  Fees for certification of real estate schools are established.  The residency requirement is removed.  Fingerprinting of applicants is no longer required.

 

 

EFFECT OF PROPOSED SUBSTITUTE:

 

Grants to higher education institutions are not limited to state-supported schools.

 

Fiscal Note:      none requested

 

Senate Committee - Testified: John Clark, Department of Licensing; Andy Kollmer, Washington Association of Realtors