Date	Chamber	Action
8/19/2004	Senate	Public Act . . . . . . . . . 93-0957

Statutes Amended In Order of Appearance

225 ILCS 454/5-50

225 ILCS 454/5-70

Synopsis As Introduced
Amends the Real Estate License Act of 2000. Provides that any person licensed as a broker shall be entitled at any renewal date to change his or her license status from broker to salesperson. Makes changes in provisions concerning continuing education requirements for brokers and salespersons.

Senate Floor Amendment No. 1

	Adds reference to:
	225 ILCS 454/1-10

225 ILCS 454/5-30

225 ILCS 454/15-75 new

Deletes everything and re-inserts similar provisions with these changes: defines "exclusive brokerage agreement" and provides that exclusive brokerage agreements must specify that the sponsoring broker must, at a minimum, accept delivery of and present to the client offers and counteroffers to but, sell, or lease the client's property or the property the client seeks to purchase or lease, assist the client in developing, communicating, negotiating, and presenting offers, counteroffers, and notices that relate to the offers and counteroffers until a lease or purchase agreement is signed and all contingencies are satisfied or waived and answer the client's questions relating to the offers, counteroffers, notices, and contingencies; deletes language providing that certain educational requirements do not apply to applicants who show evidence of receiving a baccalaureate degree including courses involving real estate or related material from a college or university approved by the Advisory Council; makes changes concerning the 6-hour broker management continuing education course; provides that the Office of Banks and Real Estate shall contract with the Illinois Real Estate Education Foundation to develop the 6-hour broker management continuing education course and may license the use of that course to all approved continuing education providers and that the Office of Banks and Real Estate shall contract with the provider of the testing service for licensure as a broker or salesperson to develop and administer an appropriate test to be taken in connection with the 6-hour broker management continuing education course; adds immediate effective date.

House Amendment No. 1

	Adds reference to:
	225 ILCS 454/20-20

Replaces everything after the enacting clause. Amends the Real Estate License Act of 2000. Defines "exclusive brokerage agreement". Deletes language exempting applicants who show evidence of receiving a baccalaureate degree including courses involving real estate or related material from a college or university approved by the Advisory Council from the education requirements to obtain an original or salesperson license. Provides that any person licensed as a broker shall be entitled at any renewal date to change his or her license status from broker to salesperson. Makes changes in provisions concerning continuing education requirements. Specifies minimum services that must be provided by the sponsoring broker and that the minimum services must be specified in the exclusive brokerage agreement. Adds failing to provide these minimum services to the list of disciplinary grounds under the Act. Effective immediately.

Actions 

Date	Chamber	Action
2/6/2004	Senate	Filed with Secretary by Sen. Antonio Munoz
2/6/2004	Senate	First Reading
2/6/2004	Senate	Referred to Rules
2/18/2004	Senate	Assigned to Licensed Activities
2/26/2004	Senate	Do Pass Licensed Activities; 009-000-000
2/26/2004	Senate	Placed on Calendar Order of 2nd Reading March 2, 2004
3/22/2004	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Antonio Munoz
3/22/2004	Senate	Senate Floor Amendment No. 1 Referred to Rules
3/23/2004	Senate	Senate Floor Amendment No. 1 Rules Refers to Licensed Activities
3/24/2004	Senate	Added as Chief Co-Sponsor Sen. Martin A. Sandoval
3/24/2004	Senate	Senate Floor Amendment No. 1 Be Adopted Licensed Activities; 009-000-000
3/24/2004	Senate	Second Reading
3/24/2004	Senate	Senate Floor Amendment No. 1 Adopted; Munoz
3/24/2004	Senate	Placed on Calendar Order of 3rd Reading March 25, 2004
3/25/2004	Senate	Third Reading - Passed; 044-009-000
3/26/2004	House	Arrived in House
3/26/2004	House	Placed on Calendar Order of First Reading
3/29/2004	House	Chief House Sponsor Rep. Angelo Saviano
3/29/2004	House	First Reading
3/29/2004	House	Referred to Rules Committee
4/22/2004	House	Motion Filed to Discharge Committee Rep. Angelo Saviano
4/27/2004	House	Assigned to Registration and Regulation Committee
4/30/2004	House	Committee/3rd Reading Deadline Extended-Rule 9(b) May 31, 2004
5/6/2004	House	House Amendment No. 1 Filed with Clerk by Registration and Regulation Committee
5/6/2004	House	House Amendment No. 1 Adopted in Registration and Regulation Committee; by Voice Vote
5/6/2004	House	Do Pass as Amended / Short Debate Registration and Regulation Committee; 012-000-000
5/6/2004	House	Placed on Calendar 2nd Reading - Short Debate
5/6/2004	House	Motion Filed to Discharge Committee Rep. Angelo Saviano
5/6/2004	House	Motion Withdrawn Rep. Angelo Saviano
5/6/2004	House	Added Alternate Co-Sponsor Rep. Dan Reitz
5/6/2004	House	Added Alternate Co-Sponsor Rep. Richard T. Bradley
5/6/2004	House	Added Alternate Co-Sponsor Rep. Kurt M. Granberg
5/6/2004	House	Added Alternate Co-Sponsor Rep. Michael P. McAuliffe
5/6/2004	House	Added Alternate Co-Sponsor Rep. Steve Davis
5/6/2004	House	Added Alternate Co-Sponsor Rep. Elizabeth Coulson
5/6/2004	House	Added Alternate Co-Sponsor Rep. Daniel J. Burke
5/6/2004	House	Added Alternate Co-Sponsor Rep. Eileen Lyons
5/12/2004	House	Second Reading - Short Debate
5/12/2004	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/17/2004	House	Third Reading - Short Debate - Passed 112-002-000
5/17/2004	House	Added Alternate Co-Sponsor Rep. Patrick Verschoore
5/17/2004	Senate	Secretary's Desk - Concurrence House Amendment(s) 01
5/17/2004	Senate	Placed on Calendar Order of Concurrence House Amendment(s) 01-May 18, 2004
5/19/2004	Senate	House Amendment No. 1 Motion to Concur Filed with Secretary Sen. Antonio Munoz
5/19/2004	Senate	House Amendment No. 1 Motion to Concur Referred to Rules
5/26/2004	Senate	House Amendment No. 1 Motion to Concur Rules Referred to Licensed Activities
5/27/2004	Senate	House Amendment No. 1 Motion to Concur Be Adopted Licensed Activities; 007-000-000
5/28/2004	Senate	House Amendment No. 1 Senate Concurs 055-003-000
5/28/2004	Senate	Passed Both Houses
6/25/2004	Senate	Sent to the Governor
8/19/2004	Senate	Governor Approved
8/19/2004	Senate	Effective Date August 19, 2004
8/19/2004	Senate	Public Act . . . . . . . . . 93-0957

Back To Top