Full Text of SB3018 96th General Assembly
SB3018 96TH GENERAL ASSEMBLY
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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010 SB3018
Introduced 2/4/2010, by Sen. M. Maggie Crotty SYNOPSIS AS INTRODUCED: |
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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.
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A BILL FOR
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SB3018 |
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LRB096 19751 ASK 35179 b |
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| AN ACT concerning professional regulation.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Real Estate License Act of 2000 is amended | 5 |
| by changing Section 5-50 as follows:
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| (225 ILCS 454/5-50)
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| (Section scheduled to be repealed on January 1, 2020)
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| Sec. 5-50. Expiration and renewal of managing broker, | 9 |
| broker, salesperson, or
leasing agent license; sponsoring | 10 |
| broker;
register of licensees; pocket card. | 11 |
| (a) The expiration date and renewal period for each license | 12 |
| issued under
this Act shall be set by
rule, except that the | 13 |
| first renewal period ending after the effective date of this | 14 |
| Act for those licensed as a salesperson shall be extended | 15 |
| through April 30, 2012. Except as otherwise provided in this | 16 |
| Section, the holder of
a
license may renew
the license within | 17 |
| 90 days preceding the expiration date thereof by completing the | 18 |
| continuing education required by this Act and paying the
fees | 19 |
| specified by
rule.
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| (b) An individual whose first license is that of a broker | 21 |
| received after April 30, 2011, must provide evidence of having | 22 |
| completed 30 hours of post-license education in courses | 23 |
| approved by the Advisory Council, 15 hours of which must |
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SB3018 |
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LRB096 19751 ASK 35179 b |
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| consist of situational and case studies presented in the | 2 |
| classroom or by other interactive delivery method presenting | 3 |
| instruction and real time discussion between the instructor and | 4 |
| the students, and personally take and pass an examination | 5 |
| approved by the Department prior to the first renewal of their | 6 |
| broker's license.
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| (c) Any managing broker, broker, salesperson , or leasing | 8 |
| agent whose license under this Act has expired shall be | 9 |
| eligible to renew the license during the 2-year period | 10 |
| following the expiration date, provided the managing broker, | 11 |
| broker, salesperson , or leasing agent pays the fees as | 12 |
| prescribed by rule and completes continuing education and other | 13 |
| requirements provided for by the Act or by rule. Beginning on | 14 |
| May 1, 2012, a managing broker, broker, or leasing agent whose | 15 |
| license has been expired for more than 2 years but less than 5 | 16 |
| years may have it restored by (i) applying to the Department, | 17 |
| (ii) paying the required fee, (iii) completing the continuing | 18 |
| education requirements for the current pre-renewal period, and | 19 |
| (iv) filing acceptable proof of fitness to have his or her | 20 |
| license restored, as set by rule. A managing broker, broker, | 21 |
| salesperson , or leasing agent whose license has been expired | 22 |
| for more than 5 2 years shall be required to meet the | 23 |
| requirements for a new license.
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| (d) Notwithstanding any other provisions of this Act to the | 25 |
| contrary, any managing broker, broker, salesperson , or leasing | 26 |
| agent whose license expired while he or she was (i) on active |
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SB3018 |
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LRB096 19751 ASK 35179 b |
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| duty with the Armed Forces of the United States or called into | 2 |
| service or training by the state militia, (ii) engaged in | 3 |
| training or education under the supervision of the United | 4 |
| States preliminary to induction into military service, or (iii) | 5 |
| serving as the Coordinator of Real Estate in the State of | 6 |
| Illinois or as an employee of the Department may have his or | 7 |
| her license renewed, reinstated or restored without paying any | 8 |
| lapsed renewal fees if within 2 years after the termination of | 9 |
| the service, training or education by furnishing the Department | 10 |
| with satisfactory evidence of service, training, or education | 11 |
| and it has been terminated under honorable conditions. | 12 |
| (e) The Department shall establish and
maintain a register | 13 |
| of all persons currently licensed by the
State and shall issue | 14 |
| and prescribe a form of pocket card. Upon payment by a licensee | 15 |
| of the appropriate fee as prescribed by
rule for engagement in | 16 |
| the activity for which the licensee is
qualified and holds a | 17 |
| license for the current period, the
Department shall issue a | 18 |
| pocket card to the licensee. The
pocket card shall be | 19 |
| verification that the required fee for the
current period has | 20 |
| been paid and shall indicate that the person named thereon is | 21 |
| licensed for the current renewal period as a
managing broker, | 22 |
| broker, salesperson, or leasing agent as the
case may be. The | 23 |
| pocket card shall further indicate that the
person named | 24 |
| thereon is authorized by the Department to
engage in the | 25 |
| licensed activity appropriate for his or her
status (managing | 26 |
| broker, broker, salesperson, or leasing
agent). Each licensee |
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SB3018 |
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LRB096 19751 ASK 35179 b |
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| shall carry on his or her person his or
her pocket card or, if | 2 |
| such pocket card has not yet been
issued, a properly issued | 3 |
| sponsor card when engaging in any
licensed activity and shall | 4 |
| display the same on demand. | 5 |
| (f) The Department shall provide to the sponsoring broker a | 6 |
| notice of renewal for all sponsored licensees by mailing the | 7 |
| notice to the sponsoring broker's address of record, or, at the | 8 |
| Department's discretion, by an electronic means as provided for | 9 |
| by rule. | 10 |
| (g) Upon request from the sponsoring broker, the Department | 11 |
| shall make available to the sponsoring broker, either by mail | 12 |
| or by an electronic means at the discretion of the Department, | 13 |
| a listing of licensees under this Act who, according to the | 14 |
| records of the Department, are sponsored by that broker. Every | 15 |
| licensee associated with or employed by a broker whose license | 16 |
| is revoked, suspended, terminated, or expired shall be | 17 |
| considered as inoperative until such time as the sponsoring | 18 |
| broker's license is reinstated or renewed, or the licensee | 19 |
| changes employment as set forth in subsection (c) of Section | 20 |
| 5-40 of this Act. | 21 |
| (Source: P.A. 96-856, eff. 12-31-09.)
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