REAL ESTATE; CONTINUING EDUCATION                                                                                         H.B. 6313:

                                                                                                                                                                                      SUMMARY OF BILL

                                                                                                                                                      REPORTED FROM COMMITTEE

House Bill 6313 (as reported without amendment)

Sponsor:   Representative Thomas A. Albert

House Committee:   Government Operations

Senate Committee:   Regulatory Reform

CONTENT

The bill would amend Article 25 of the Occupational Code to specify that the license cycle for real estate brokers, associate brokers, and salespersons beginning November 1, 2019, would end on December 31, 2020, for the purposes of certain continuing education requirements.

Article 25 requires a licensee to complete a certain number of hours of eligible continuing education courses in each licensing cycle, as determined by the Department of Licensing and Regulatory Affairs.

In completing the appropriate number hours of eligible continuing education courses, a licensee must complete at least two hours of eligible continuing education courses in each year of a license cycle that involve law, rules, and court cases regarding real estate. The licensee may select any continuing education courses in his or her area of expertise to complete the remaining of eligible continuing education courses required under Article 25 and may complete those hours at any time during the license cycle. Under the bill, for the purposes of these provisions, the license cycle year beginning November 1, 2019, would end on December 31, 2020.

MCL 339.2504a                                                                                     Legislative Analyst:   Stephen Jackson

FISCAL IMPACT

The bill would have no fiscal impact on State or local government.

Date Completed:   12-10-20                                                     Fiscal Analyst:   Elizabeth Raczkowski

floor\hb6313                                                                                                                                                       Bill Analysis @ www.senate.michigan.gov/sfa

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.