SENATE BILL REPORT
EHB 435
BYRepresentatives Hankins, H. Sommers and Brooks; by request of Department of General Administration
Revising provisions on inactive real estate licenses.
House Committe on Commerce & Labor
Senate Committee on Commerce & Labor
Senate Hearing Date(s):March 25, 1987
Majority Report: Do Pass.
Signed by Senators Warnke, Chairman; Smitherman, Vice Chairman; Anderson, Cantu, Lee, Tanner, Vognild, West.
Senate Staff:Jean Meyn (786-7472)
March 25, 1987
AS REPORTED BY COMMITTEE ON COMMERCE & LABOR, MARCH 25, 1987
BACKGROUND:
Persons acting as real estate brokers and salespersons must obtain licenses from the state. If a person has been inactive for more than three years, he or she must complete a thirty clock hour course in real estate within one year prior to applying to return to active status. An inactive licensee must also continue to annually renew his or her license which requires payment of a fee.
The Division of Real Estate of the Department of General Administration employs brokers and salespeople who, by agency policy, are not allowed to maintain active real estate licenses. The department seeks legislation to exempt these employees from the thirty clock hour requirement and the requirement that annual renewal fees be paid.
SUMMARY:
Holders of real estate licenses employed by the state and conducting real estate transactions on behalf of the state are exempt from usual requirement that licensees inactive for more than three years must complete a thirty clock hour course in real estate within one year prior to applying for an active license. These licensees are also exempt from the annual renewal fee requirement.
Fiscal Note: none requested
Senate Committee - Testified: Mary Faulk, Director, Department of General Administration; Ron McQueen, Assistant Director, Department of General Administration