RÉSUMÉ DIGEST
ACT 199 (HB 155) 2024 Regular Session Thomas
Existing law provides relative to expired and inactive real estate license requirements.
Existing law provides the requirements for an initial individual real estate broker license.
New law makes technical changes.
New law adds that nothing in existing law and new law prohibits a real estate broker, who
failed to renew his license in accordance with existing law and new law, from reapplying for
an individual real estate broker license on or before Dec. 31 of the year following the
expiration date of his expired real estate broker license.
Existing law states that all applicants for a salesperson's license shall show evidence
satisfactory to the commission that they have completed requirements prior to licensure.
New law clarifies that each applicant for an initial real estate salesperson license shall show
evidence satisfactory to the commission that he has completed requirements prior to
licensure.
Existing law provides that an inactive licensee will not be required to fulfill the continuing
education requirement established for active licensees on an annual basis; however, upon
application to return to active license status, the licensee shall have completed the continuing
education that includes that licensees remaining in the active status for less than one year
shall have completed the continuing education requirements for the previous year.
New law clarifies language and changes that licensees remaining in the inactive status for
less than one year shall have completed the continuing education requirements for the
previous year.
Existing law states that a licensee or registrant who fails to delinquently renew a license or
registration by Dec. 31 forfeits his renewal rights, and the former licensee or registrant shall
be required to apply as an initial applicant and meet all requirements of an initial applicant.
However, notwithstanding any other provision of existing law and new law, nothing in
existing law and new law requires the former licensee or registrant to complete the 90 hours
of real estate coursework, which is required prior to initial licensure pursuant to existing law
and new law.
New law expands that notwithstanding any other provision of existing law and new law,
nothing in existing law and new law requires the former licensee or registrant to complete
any of the following education otherwise required by existing law and new law if the licensee
or registrant reapplies for that license or registration on or before Dec. 31 of the year
following the expiration date of his expired license or registration:
(1) The 90 hours of pre-license education required for an initial real estate
salesperson license applicant.
(2) The 150 hours of pre-license education required for an initial real estate
broker license applicant.
(3) The 45 hours of post-license education required for initial real estate
salespersons and real estate brokers.
Effective upon signature of governor (May 23, 2024).
(Amends R.S. 37:1437(C)(1)(a) and (4)(a), 1437.3(E)(intro. para.) and (1), and 1442(B)(2))


Statutes affected:
HB155 Original: 37:1437(C)(1), 37:3(E), 37:1442(B)(2)
HB155 Engrossed: 37:1437(C)(1), 37:3(E), 37:1442(B)(2)
HB155 Enrolled: 37:1437(C)(1), 37:3(E), 37:1442(B)(2)
HB155 Act : 37:1437(C)(1), 37:3(E), 37:1442(B)(2)