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HB18-1227

Real Estate Commission Flexibility In License Periods

Concerning the authority of the real estate commission to issue licenses for an initial period of less than three years.
Session:
2018 Regular Session
Subjects:
Business & Economic Development
Financial Services & Commerce
Housing

Recent legislation changed the expiration dates of real estate licenses from an anniversary date 3 years after the date of initial issuance to December 31 of the third year after issuance and did not allow the real estate commission a period to transition licenses. To allow more flexibility in transitioning from the anniversary date system to the calendar-year system, the bill authorizes the commission to issue licenses that expire on December 31 of the year of issuance.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Under Consideration

Bill Text