REAL ESTATE LIC-CONTINUING ED Senate SponsorsSen. Antonio Munoz-Martin A. Sandoval House Sponsors(Rep. Angelo Saviano, Dan Reitz, Richard T. Bradley, Kurt M. Granberg, Michael P. McAuliffe, Steve Davis, Elizabeth Coulson, Daniel J. Burke, Eileen Lyons and Patrick Verschoore) 8/19/2004SenatePublic Act . . . . . . . . . 93-0957 225 ILCS 454/5-50225 ILCS 454/5-70Amends the Real Estate License Act of 2000. Provides that any person licensed as a broker shall be entitled at any renewal date to change his or her license status from broker to salesperson. Makes changes in provisions concerning continuing education requirements for brokers and salespersons.Senate Floor Amendment No. 1 Adds reference to:225 ILCS 454/1-10225 ILCS 454/5-30225 ILCS 454/15-75 newDeletes everything and re-inserts similar provisions with these changes: defines "exclusive brokerage agreement" and provides that exclusive brokerage agreements must specify that the sponsoring broker must, at a minimum, accept delivery of and present to the client offers and counteroffers to but, sell, or lease the client's property or the property the client seeks to purchase or lease, assist the client in developing, communicating, negotiating, and presenting offers, counteroffers, and notices that relate to the offers and counteroffers until a lease or purchase agreement is signed and all contingencies are satisfied or waived and answer the client's questions relating to the offers, counteroffers, notices, and contingencies; deletes language providing that certain educational requirements do not apply to applicants who show evidence of receiving a baccalaureate degree including courses involving real estate or related material from a college or university approved by the Advisory Council; makes changes concerning the 6-hour broker management continuing education course; provides that the Office of Banks and Real Estate shall contract with the Illinois Real Estate Education Foundation to develop the 6-hour broker management continuing education course and may license the use of that course to all approved continuing education providers and that the Office of Banks and Real Estate shall contract with the provider of the testing service for licensure as a broker or salesperson to develop and administer an appropriate test to be taken in connection with the 6-hour broker management continuing education course; adds immediate effective date.House Amendment No. 1 Adds reference to:225 ILCS 454/20-20Replaces everything after the enacting clause. Amends the Real Estate License Act of 2000. Defines "exclusive brokerage agreement". Deletes language exempting applicants who show evidence of receiving a baccalaureate degree including courses involving real estate or related material from a college or university approved by the Advisory Council from the education requirements to obtain an original or salesperson license. Provides that any person licensed as a broker shall be entitled at any renewal date to change his or her license status from broker to salesperson. Makes changes in provisions concerning continuing education requirements. Specifies minimum services that must be provided by the sponsoring broker and that the minimum services must be specified in the exclusive brokerage agreement. Adds failing to provide these minimum services to the list of disciplinary grounds under the Act. Effective immediately. 2/6/2004SenateFiled with Secretary by Sen. Antonio Munoz 2/6/2004SenateFirst Reading 2/6/2004SenateReferred to Rules 2/18/2004SenateAssigned to Licensed Activities 2/26/2004SenateDo Pass Licensed Activities; 009-000-000 2/26/2004SenatePlaced on Calendar Order of 2nd Reading March 2, 2004 3/22/2004SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Antonio Munoz 3/22/2004SenateSenate Floor Amendment No. 1 Referred to Rules 3/23/2004SenateSenate Floor Amendment No. 1 Rules Refers to Licensed Activities 3/24/2004SenateAdded as Chief Co-Sponsor Sen. Martin A. Sandoval 3/24/2004SenateSenate Floor Amendment No. 1 Be Adopted Licensed Activities; 009-000-000 3/24/2004SenateSecond Reading 3/24/2004SenateSenate Floor Amendment No. 1 Adopted; Munoz 3/24/2004SenatePlaced on Calendar Order of 3rd Reading March 25, 2004 3/25/2004SenateThird Reading - Passed; 044-009-000 3/26/2004HouseArrived in House 3/26/2004HousePlaced on Calendar Order of First Reading 3/29/2004HouseChief House Sponsor Rep. Angelo Saviano 3/29/2004HouseFirst Reading 3/29/2004HouseReferred to Rules Committee 4/22/2004HouseMotion Filed to Discharge Committee Rep. Angelo Saviano 4/27/2004HouseAssigned to Registration and Regulation Committee 4/30/2004HouseCommittee/3rd Reading Deadline Extended-Rule 9(b) May 31, 2004 5/6/2004HouseHouse Amendment No. 1 Filed with Clerk by Registration and Regulation Committee 5/6/2004HouseHouse Amendment No. 1 Adopted in Registration and Regulation Committee; by Voice Vote 5/6/2004HouseDo Pass as Amended / Short Debate Registration and Regulation Committee; 012-000-000 5/6/2004HousePlaced on Calendar 2nd Reading - Short Debate 5/6/2004HouseMotion Filed to Discharge Committee Rep. Angelo Saviano 5/6/2004HouseMotion Withdrawn Rep. Angelo Saviano 5/6/2004HouseAdded Alternate Co-Sponsor Rep. Dan Reitz 5/6/2004HouseAdded Alternate Co-Sponsor Rep. Richard T. Bradley 5/6/2004HouseAdded Alternate Co-Sponsor Rep. Kurt M. Granberg 5/6/2004HouseAdded Alternate Co-Sponsor Rep. Michael P. McAuliffe 5/6/2004HouseAdded Alternate Co-Sponsor Rep. Steve Davis 5/6/2004HouseAdded Alternate Co-Sponsor Rep. Elizabeth Coulson 5/6/2004HouseAdded Alternate Co-Sponsor Rep. Daniel J. Burke 5/6/2004HouseAdded Alternate Co-Sponsor Rep. Eileen Lyons 5/12/2004HouseSecond Reading - Short Debate 5/12/2004HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/17/2004HouseThird Reading - Short Debate - Passed 112-002-000 5/17/2004HouseAdded Alternate Co-Sponsor Rep. Patrick Verschoore 5/17/2004SenateSecretary's Desk - Concurrence House Amendment(s) 01 5/17/2004SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01-May 18, 2004 5/19/2004SenateHouse Amendment No. 1 Motion to Concur Filed with Secretary Sen. Antonio Munoz 5/19/2004SenateHouse Amendment No. 1 Motion to Concur Referred to Rules 5/26/2004SenateHouse Amendment No. 1 Motion to Concur Rules Referred to Licensed Activities 5/27/2004SenateHouse Amendment No. 1 Motion to Concur Be Adopted Licensed Activities; 007-000-000 5/28/2004SenateHouse Amendment No. 1 Senate Concurs 055-003-000 5/28/2004SenatePassed Both Houses 6/25/2004SenateSent to the Governor 8/19/2004SenateGovernor Approved 8/19/2004SenateEffective Date August 19, 2004 8/19/2004SenatePublic Act . . . . . . . . . 93-0957