Illinois 101st Regular Session Status: Passed Senate 1 D cosponsors

SB 2901 — REAL ESTATE LICENSE ACT

Last action — Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 101st Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Real Estate License Act of 2000. Makes changes in provisions concerning definitions; the expiration and renewal of a managing broker, broker, or residential leasing agent license; continuing education requirements; sponsoring brokers; agency relationship disclosure; dual agency; grounds for discipline; citations; licensing of education providers; approval of courses; and the Real Estate Administration and Disciplinary Board. Provides that on January 1, 2021, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the remaining balance from the Real Estate Audit Fund into the Real Estate License Administration Fund. Amends the State Finance Act to repeal provisions creating the Real Estate Audit Fund as a special fund in the State Treasury. Repeals the Real Estate Regulation Transfer Act. Effective immediately.

Bill Text

Action History

  1. Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020

  2. Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020

  3. Rule 2-10 Committee Deadline Established As May 22, 2020

  4. Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020

  5. Rule 2-10 Committee Deadline Established As May 15, 2020

  6. Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020

  7. Rule 2-10 Committee Deadline Established As May 7, 2020

  8. Rule 2-10 Committee Deadline Established As April 30, 2020

  9. Pursuant to Senate Rule 3-9(b) / Referred to Assignments

  10. Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020

  11. Rule 2-10 Committee Deadline Established As April 24, 2020

  12. Rule 2-10 Committee Deadline Established As April 2, 2020

  13. Assigned to Licensed Activities

  14. Referred to Assignments

  15. First Reading

  16. Filed with Secretary by Sen. Emil Jones, III

Sponsors

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

Not signed on (182)

182 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

housing
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Frequently asked questions

What does SB 2901 do?
Amends the Real Estate License Act of 2000. Makes changes in provisions concerning definitions; the expiration and renewal of a managing broker, broker, or residential leasing agent license; continuing education requirements; sponsoring brokers; agency relationship disclosure; dual agency; grounds for discipline; citations; licensing of education providers; approval of courses; and the Real Estate Administration and Disciplinary Board. Provides that on January 1, 2021, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the remaining balance from the Real Estate Audit Fund into the Real Estate License Administration Fund. Amends the State Finance Act to repeal provisions creating the Real Estate Audit Fund as a special fund in the State Treasury. Repeals the Real Estate Regulation Transfer Act. Effective immediately.
Who sponsors SB 2901?
SB 2901 is sponsored by Emil Jones, III (Democrat).
What is the current status of SB 2901?
This bill died with 101st Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 2901?
Track SB 2901 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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