The bill amends the law regarding continuing education requirements for real estate licensees in Arkansas, specifically addressing exemptions for certain real estate broker licensees. It introduces new provisions that allow the Executive Director of the Arkansas Real Estate Commission to waive continuing education requirements for licensees under specific circumstances, such as health-related issues or significant achievements in the real estate industry. Additionally, the bill establishes criteria for exemptions based on age, years of active licensure, and disciplinary history, allowing licensees who meet these criteria to apply for exemption from continuing education requirements.

Key changes include the deletion of previous language that mandated education requirements for all licensees and the insertion of new language that outlines the conditions under which exemptions can be granted. The bill also specifies that exemptions can be revoked if disciplinary action is taken against a licensee after approval, and it allows for appeals of denied exemption requests. Overall, the bill aims to provide flexibility in continuing education requirements while maintaining standards for real estate professionals in Arkansas.

Statutes affected:
HB 1794: 17-42-307(c)