Illinois 94th Regular Session Status: In Committee

HB 4812 — REAL ESTATE-BROKER-CONT ED

Last action — Session Sine Die

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

This bill died with 94th Regular Session. It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 to the definition of "broker" and defines "proctor". Provides that every applicant for a broker's license must provide satisfactory proof to the Department of Financial and Professional Regulation of having been licensed and engaged in licensed real estate brokerage activities for at least 2 years out the 3 years immediately preceding the date of application. Provides that all licenses of sponsored licensees shall be issued to the sponsoring broker at the sponsoring broker's address of record and that the renewal for each sponsored licensee shall be mailed to that licensee's sponsoring broker's address of record not less than 60 days before the expiration date of the license of the sponsored licensee. Makes changes in provisions concerning continuing education for brokers and salespersons, the licensing of continuing education schools and approval of courses, and the licensing of continuing education instructors. Requires the Secretary of Financial and Professional Regulation to employ at least one full-time investigator for every 10,000 licensees under the Act for the investigation of complaints alleging violations of the Act and 2 full-time investigators for the investigation of unlicensed persons or entities engaged in activities for which licensure is required. Makes other changes. Effective immediately.

Bill Text

Action History

  1. Session Sine Die

  2. Rule 19(a) / Re-referred to Rules Committee

  3. Assigned to Executive Committee

  4. Added Co-Sponsor Rep. Richard T. Bradley

  5. Referred to Rules Committee

  6. First Reading

  7. Filed with the Clerk by Rep. Angelo Saviano

Sponsors

  • Angelo Saviano · Cosponsor

Sponsorship breakdown

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

Sponsors (0)

None.

Co-sponsors (1)

  • Angelo Saviano

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.

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Subjects

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Frequently asked questions

What does HB 4812 do?
Amends the Real Estate License Act of 2000. Makes changes to the definition of "broker" and defines "proctor". Provides that every applicant for a broker's license must provide satisfactory proof to the Department of Financial and Professional Regulation of having been licensed and engaged in licensed real estate brokerage activities for at least 2 years out the 3 years immediately preceding the date of application. Provides that all licenses of sponsored licensees shall be issued to the sponsoring broker at the sponsoring broker's address of record and that the renewal for each sponsored licensee shall be mailed to that licensee's sponsoring broker's address of record not less than 60 days before the expiration date of the license of the sponsored licensee. Makes changes in provisions concerning continuing education for brokers and salespersons, the licensing of continuing education schools and approval of courses, and the licensing of continuing education instructors. Requires the Secretary of Financial and Professional Regulation to employ at least one full-time investigator for every 10,000 licensees under the Act for the investigation of complaints alleging violations of the Act and 2 full-time investigators for the investigation of unlicensed persons or entities engaged in activities for which licensure is required. Makes other changes. Effective immediately.
Who sponsors HB 4812?
HB 4812 is sponsored by Angelo Saviano.
What is the current status of HB 4812?
This bill died with 94th Regular Session. It reached “In Committee” 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 HB 4812?
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Last checked for changes 3 months ago · updated continuously

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