Illinois General Assembly - Bill Status for HB 2498

Bill Status of HB 2498 96th General Assembly

Short Description: REAL ESTATE LICENSE-BROKER

House Sponsors
Rep. Kevin A. McCarthy-Angelo Saviano-Elizabeth Coulson-Robert Rita-Franco Coladipietro and LaShawn K. Ford

Last Action View All Actions

Date Chamber Action
  1/11/2011 House Session Sine Die

Statutes Amended In Order of Appearance
5 ILCS 80/4.20
5 ILCS 80/4.30 new
225 ILCS 454/1-10
225 ILCS 454/5-5
225 ILCS 454/5-6 new
225 ILCS 454/5-7 new
225 ILCS 454/5-10
225 ILCS 454/5-15
225 ILCS 454/5-20
225 ILCS 454/5-25
225 ILCS 454/5-26 new
225 ILCS 454/5-27 new
225 ILCS 454/5-28 new
225 ILCS 454/5-35
225 ILCS 454/5-40
225 ILCS 454/5-41 new
225 ILCS 454/5-45
225 ILCS 454/5-46 new
225 ILCS 454/5-47 new
225 ILCS 454/5-50
225 ILCS 454/5-60
225 ILCS 454/5-65
225 ILCS 454/5-70
225 ILCS 454/5-80
225 ILCS 454/5-85
225 ILCS 454/10-15
225 ILCS 454/10-30
225 ILCS 454/10-35 new
225 ILCS 454/10-40 new
225 ILCS 454/15-15
225 ILCS 454/15-35
225 ILCS 454/15-45
225 ILCS 454/15-65
225 ILCS 454/20-5
225 ILCS 454/20-10
225 ILCS 454/20-20
225 ILCS 454/20-21 new
225 ILCS 454/20-22 new
225 ILCS 454/20-25
225 ILCS 454/20-50
225 ILCS 454/20-55
225 ILCS 454/20-60
225 ILCS 454/20-62 new
225 ILCS 454/20-63 new
225 ILCS 454/20-64 new
225 ILCS 454/20-65
225 ILCS 454/20-66 new
225 ILCS 454/20-67 new
225 ILCS 454/20-68 new
225 ILCS 454/20-69 new
225 ILCS 454/20-72 new
225 ILCS 454/20-73 new
225 ILCS 454/20-75
225 ILCS 454/20-82 new
225 ILCS 454/20-85
225 ILCS 454/20-90
225 ILCS 454/20-95
225 ILCS 454/20-100
225 ILCS 454/20-110
225 ILCS 454/20-115
225 ILCS 454/25-5
225 ILCS 454/25-10
225 ILCS 454/25-13
225 ILCS 454/25-14
225 ILCS 454/25-15
225 ILCS 454/25-20
225 ILCS 454/25-21 new
225 ILCS 454/25-25
225 ILCS 454/25-30
225 ILCS 454/25-35
225 ILCS 454/25-37
225 ILCS 454/30-5
225 ILCS 454/30-10
225 ILCS 454/30-15
225 ILCS 454/30-20
225 ILCS 454/30-25
225 ILCS 454/5-30 rep.
225 ILCS 454/5-55 rep.
225 ILCS 454/20-30 rep.
225 ILCS 454/20-35 rep.
225 ILCS 454/20-40 rep.
225 ILCS 454/20-45 rep.
225 ILCS 454/20-80 rep.
225 ILCS 454/20-120 rep.
225 ILCS 454/30-30 rep.

Synopsis As Introduced
Amends the Real Estate License Act of 2000. Changes references to (1) the Commissioner of Banks and Real Estate to the Secretary of the Department of Financial and Professional Regulation and (2) the Office of Banks and Real Estate to the Department of Financial and Professional Regulation. Changes provisions concerning the application process for a leasing agent license. Requires a managing broker to be licensed by the Department. Specifies the requirements for an applicant to be licensed as (1) a salesperson, (2) a broker, and (3) a managing broker. Changes provisions concerning the examination of certain applicants. Adds provisions concerning the transition (1) from a salesperson to a broker license and (2) to a managing broker license. Changes provisions concerning continuing education requirements for specified licensees. Adds provisions concerning advertising by licensees. Adds provisions concerning the duties of licensees representing clients. Changes provisions concerning the disclosure of a licensee acting as an agent for a consumer. Amends the Regulatory Sunset Act to change the repeal date of the Act from January 1, 2010 to January 1, 2020. Makes other changes. Effective December 31, 2009.

House Committee Amendment No. 1
Deletes reference to:
5 ILCS 80/4.20
5 ILCS 80/4.30 new
225 ILCS 454/1-10
225 ILCS 454/5-5
225 ILCS 454/5-6 new
225 ILCS 454/5-7 new
225 ILCS 454/5-10
225 ILCS 454/5-15
225 ILCS 454/5-20
225 ILCS 454/5-25
225 ILCS 454/5-26 new
225 ILCS 454/5-27 new
225 ILCS 454/5-28 new
225 ILCS 454/5-35
225 ILCS 454/5-40
225 ILCS 454/5-41 new
225 ILCS 454/5-45
225 ILCS 454/5-46 new
225 ILCS 454/5-47 new
225 ILCS 454/5-50
225 ILCS 454/5-60
225 ILCS 454/5-65
225 ILCS 454/5-70
225 ILCS 454/5-80
225 ILCS 454/5-85
225 ILCS 454/10-15
225 ILCS 454/10-30
225 ILCS 454/10-35 new
225 ILCS 454/10-40 new
225 ILCS 454/15-15
225 ILCS 454/15-35
225 ILCS 454/15-45
225 ILCS 454/15-65
225 ILCS 454/20-5
225 ILCS 454/20-10
225 ILCS 454/20-20
225 ILCS 454/20-21 new
225 ILCS 454/20-22 new
225 ILCS 454/20-25
225 ILCS 454/20-50
225 ILCS 454/20-55
225 ILCS 454/20-60
225 ILCS 454/20-62 new
225 ILCS 454/20-63 new
225 ILCS 454/20-64 new
225 ILCS 454/20-65
225 ILCS 454/20-66 new
225 ILCS 454/20-67 new
225 ILCS 454/20-68 new
225 ILCS 454/20-69 new
225 ILCS 454/20-72 new
225 ILCS 454/20-73 new
225 ILCS 454/20-75
225 ILCS 454/20-82 new
225 ILCS 454/20-85
225 ILCS 454/20-90
225 ILCS 454/20-95
225 ILCS 454/20-100
225 ILCS 454/20-110
225 ILCS 454/20-115
225 ILCS 454/25-5
225 ILCS 454/25-10
225 ILCS 454/25-13
225 ILCS 454/25-14
225 ILCS 454/25-15
225 ILCS 454/25-20
225 ILCS 454/25-21 new
225 ILCS 454/25-25
225 ILCS 454/25-30
225 ILCS 454/25-35
225 ILCS 454/25-37
225 ILCS 454/30-5
225 ILCS 454/30-10
225 ILCS 454/30-15
225 ILCS 454/30-20
225 ILCS 454/30-25
225 ILCS 454/5-30 rep.
225 ILCS 454/5-55 rep.
225 ILCS 454/20-30 rep.
225 ILCS 454/20-35 rep.
225 ILCS 454/20-40 rep.
225 ILCS 454/20-45 rep.
225 ILCS 454/20-80 rep.
225 ILCS 454/20-120 rep.
225 ILCS 454/30-30 rep.
Adds reference to:
225 ILCS 454/1-1

Replaces everything after the enacting clause. Amends the Real Estate License Act of 2000. Makes a technical change in a Section concerning the short title.

Actions
Date Chamber Action
  2/19/2009 House Filed with the Clerk by Rep. Kevin A. McCarthy
  2/19/2009 House Added Chief Co-Sponsor Rep. Angelo Saviano
  2/20/2009 House First Reading
  2/20/2009 House Referred to Rules Committee
  2/25/2009 House Assigned to Executive Committee
  2/25/2009 House Added Chief Co-Sponsor Rep. Elizabeth Coulson
  2/25/2009 House Added Chief Co-Sponsor Rep. Robert Rita
  2/25/2009 House Added Chief Co-Sponsor Rep. Franco Coladipietro
  2/25/2009 House Added Co-Sponsor Rep. LaShawn K. Ford
  3/12/2009 House Committee Deadline Extended-Rule 9(b) April 3, 2009
  3/25/2009 House House Committee Amendment No. 1 Filed with Clerk by Executive Committee
  3/25/2009 House House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  3/25/2009 House Do Pass as Amended / Short Debate Executive Committee; 010-000-000
  3/25/2009 House Placed on Calendar 2nd Reading - Short Debate
  4/1/2009 House Second Reading - Short Debate
  4/1/2009 House Held on Calendar Order of Second Reading - Short Debate
  4/3/2009 House Rule 19(a) / Re-referred to Rules Committee
  1/11/2011 House Session Sine Die

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