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Public Act 099-0728
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| HB6245 Enrolled | LRB099 19717 SMS 44115 b |
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AN ACT concerning regulation.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Real Estate License Act of 2000 is amended |
by changing Section 5-70 as follows:
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(225 ILCS 454/5-70)
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(Section scheduled to be repealed on January 1, 2020)
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Sec. 5-70. Continuing education requirement; managing |
broker or broker.
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(a) The requirements of this Section apply to all managing |
brokers and brokers.
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(b) Except as otherwise
provided in this Section, each
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person who applies for renewal of his or her license as a |
managing broker or broker must successfully complete 6 hours of |
real estate continuing education
courses approved by
the |
Advisory Council for each year of the pre-renewal period. In |
addition, beginning with the pre-renewal period for managing |
broker licensees that begins after the effective date of this |
Act, those licensees renewing or obtaining a managing broker's |
license must successfully complete a 12-hour broker management |
continuing education course approved by the Department each |
pre-renewal period. The broker management continuing education |
course must be completed in the classroom or by other |
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interactive delivery method between the instructor and the |
students. Successful completion of the course shall include |
achieving a passing score as provided by rule on a test |
developed and administered in accordance with rules adopted by |
the Department. No
license may be renewed
except upon the |
successful completion of the required courses or their
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equivalent or upon a waiver
of those requirements for good |
cause shown as determined by the Secretary
with the
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recommendation of the Advisory Council.
The requirements of |
this Article are applicable to all managing brokers and brokers
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except those managing brokers
and brokers who, during the |
pre-renewal period:
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(1) serve in the armed services of the United States;
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(2) serve as an elected State or federal official;
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(3) serve as a full-time employee of the Department; or
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(4) are admitted to practice law pursuant to Illinois |
Supreme Court rule.
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(c) (Blank). |
(d) A
person receiving an initial license
during the 90 |
days before the renewal date shall not be
required to complete |
the continuing
education courses provided for in subsection (b) |
of this
Section as a condition of initial license renewal.
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(e) The continuing education requirement for brokers and |
managing brokers shall
consist of a core
curriculum and an |
elective curriculum, to be established by the Advisory
Council. |
In meeting the
continuing education requirements of this Act, |
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at least 3 hours per year or
their equivalent, 6 hours for each |
two-year pre-renewal period, shall
be required to be completed |
in the core curriculum.
In establishing the core curriculum, |
the Advisory Council shall consider
subjects that will
educate |
licensees on recent changes in applicable laws and new laws and |
refresh
the licensee on areas
of the license law and the |
Department policy that the Advisory Council deems appropriate,
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and any other
areas that the Advisory Council deems timely and |
applicable in order to prevent
violations of this Act
and to |
protect the public.
In establishing the elective curriculum, |
the Advisory Council shall consider
subjects that cover
the |
various aspects of the practice of real estate that are covered |
under the
scope of this Act.
However, the elective curriculum |
shall not include any offerings referred to in
Section 5-85 of |
this Act.
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(f) The subject areas of continuing education courses |
approved by the
Advisory Council may
include without limitation |
the following:
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(1) license law and escrow;
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(2) antitrust;
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(3) fair housing;
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(4) agency;
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(5) appraisal;
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(6) property management;
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(7) residential brokerage;
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(8) farm property management;
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(9) rights and duties of sellers, buyers, and brokers;
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(10) commercial brokerage and leasing; and
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(11) real estate financing.
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(g) In lieu of credit for those courses listed in |
subsection (f) of this
Section, credit may be
earned for |
serving as a licensed instructor in an approved course of |
continuing
education. The
amount of credit earned for teaching |
a course shall be the amount of continuing
education credit for
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which the course is approved for licensees taking the course.
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(h) Credit hours may be earned for self-study programs |
approved by the
Advisory Council.
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(i) A managing broker or broker may earn credit for a |
specific continuing
education course only
once during the |
prerenewal period.
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(j) No more than 6 hours of continuing education credit may |
be taken or earned in one
calendar day.
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(k) To promote the offering of a uniform and consistent |
course content, the Department may provide for the development |
of a single broker management course to be offered by all |
continuing education providers who choose to offer the broker |
management continuing education course. The Department may |
contract for the development of the 12-hour broker management |
continuing education course with an outside vendor or |
consultant and, if the course is developed in this manner, the |
Department or the outside consultant shall license the use of |
that course to all approved continuing education providers who |
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wish to provide the course.
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(l) Except as specifically provided in this Act, continuing |
education credit hours may not be earned for completion of pre |
or post-license courses. The approved 30-hour post-license |
course for broker licensees shall satisfy the continuing |
education requirement for the pre-renewal period in which the |
course is taken. The approved 45-hour brokerage administration |
and management course shall satisfy the 12-hour broker |
management continuing education requirement for the |
pre-renewal period in which the course is taken. |
(Source: P.A. 98-531, eff. 8-23-13; 99-227, eff. 8-3-15.)
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