Illinois General Assembly - Bill Status for SB 1894

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's license to a broker's license and (2) to a managing broker's 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.

Makes changes in Sections concerning definitions, exemptions, good moral character, the transition from a salesperson's license to a broker's license, the transition to a managing broker's license, offices, reciprocity, continuing education requirements, compensation to unlicensed persons, agency relationship disclosure, unlicensed practice, grounds for discipline, cease and desist orders, returned checks, investigations, rehearings by the Real Estate Administration and Disciplinary Board, the appointment of a hearing officer, fines and penalties, the Real Estate Recovery Fund, the Real Estate Administration and Disciplinary Board duties, Department staff, peer review advisors, the Real Estate License Administration Fund, the Real Estate Recovery Fund, and the licensing of continuing education instructors. In a provision concerning exemptions, increases the total amount that a resident lessee can receive as compensation for a referral within a 12-month period to $1,500 (instead of $1,000). Provides that the Department shall establish and maintain a register of all persons currently licensed by the State and shall issue and prescribe a form of pocket card. Provides that 5 Board members shall constitute a quorum and that a quorum is required for all Board decisions. Provides that the Department shall employ at minimum one investigator per 10,000 licenses (instead of 5,000) and one prosecutor per 20,000 licensees (instead of 10,000). Provides that 3 Advisory Council members shall constitute a quorum and that a quorum is required for all Advisory Council decisions. Makes other changes.

Replaces everything after the enacting clause. Amends the Real Estate License Act of 2000. Replaces references to the Commissioner of Banks and Real Estate with references to the Secretary of the Department of Financial and Professional Regulation. Replaces references to the Office of Banks and Real Estate with references 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 a salesperson, a broker, and 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 changes concerning definitions, exemptions, good moral character, the transition from a salesperson's license to a broker's license, the transition to a managing broker's license, offices, reciprocity, continuing education requirements, compensation to unlicensed persons, agency relationship disclosure, unlicensed practice, grounds for discipline, cease and desist orders, returned checks, investigations, rehearings by the Real Estate Administration and Disciplinary Board, the appointment of a hearing officer, fines and penalties, the Real Estate Recovery Fund, the Real Estate Administration and Disciplinary Board duties, Department staff, peer review advisors, the Real Estate License Administration Fund, the Real Estate Recovery Fund, and the licensing of continuing education instructors. Makes other changes. Amends the Illinois Municipal Code. Changes provisions regarding cutting and removal of neglected weeds, grass, trees, and bushes, pest extermination, removal of infected trees, removal of garbage, debris, and graffiti, and liens for removal costs; adds provisions regarding liens for the costs of removal, securing, and enclosing on abandoned residential property and Securing or enclosing abandoned residential property; and makes other changes. Amends the Illinois Banking Act. Provides that in no event shall the total amount of specified stock held by a bank in such bank or holding company exceed 10% of its capital and surplus and in no event shall a bank acquire more than 15% (rather than 5%) of any class of voting securities of such bank or company. Amends the Residential Real Property Disclosure Act. Provides that a predatory lending database program shall be established within Cook, Kane, and Will counties (instead of Cook County). Provides that the inception date of the program as it applies to Kane and Will counties shall be July 1, 2010. Makes other changes. Effective immediately, except specified provisions have later effective dates.

Date	Chamber	Action
12/31/2009	Senate	Public Act . . . . . . . . . 96-0856

Date	Chamber	Action
2/20/2009	Senate	Filed with Secretary by Sen. William R. Haine
2/20/2009	Senate	First Reading
2/20/2009	Senate	Referred to Assignments
3/4/2009	Senate	Assigned to Licensed Activities
3/6/2009	Senate	Added as Chief Co-Sponsor Sen. Pamela J. Althoff
3/10/2009	Senate	Added as Chief Co-Sponsor Sen. Michael Noland
3/11/2009	Senate	Added as Co-Sponsor Sen. Linda Holmes
3/11/2009	Senate	Sponsor Removed Sen. Linda Holmes
3/12/2009	Senate	Do Pass Licensed Activities; 007-000-000
3/12/2009	Senate	Placed on Calendar Order of 2nd Reading March 17, 2009
3/24/2009	Senate	Second Reading
3/24/2009	Senate	Placed on Calendar Order of 3rd Reading March 25, 2009
3/25/2009	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. William R. Haine
3/25/2009	Senate	Senate Floor Amendment No. 1 Referred to Assignments
3/25/2009	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. William R. Haine
3/25/2009	Senate	Senate Floor Amendment No. 2 Referred to Assignments
3/26/2009	Senate	Added as Chief Co-Sponsor Sen. Linda Holmes
3/30/2009	Senate	Senate Floor Amendment No. 1 Assignments Refers to Licensed Activities
3/30/2009	Senate	Senate Floor Amendment No. 2 Assignments Refers to Licensed Activities
3/31/2009	Senate	Senate Floor Amendment No. 1 Held in Licensed Activities
3/31/2009	Senate	Senate Floor Amendment No. 2 Recommend Do Adopt Licensed Activities; 008-000-000
4/1/2009	Senate	Recalled to Second Reading
4/1/2009	Senate	Senate Floor Amendment No. 2 Adopted; Haine
4/1/2009	Senate	Placed on Calendar Order of 3rd Reading April 2, 2009
4/1/2009	Senate	Placed on Calendar Order of 3rd Reading ** April 2, 2009
4/2/2009	Senate	Added as Co-Sponsor Sen. Ira I. Silverstein
4/2/2009	Senate	Third Reading - Passed; 059-000-000
4/2/2009	Senate	Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
4/6/2009	House	Arrived in House
4/6/2009	House	Placed on Calendar Order of First Reading
4/6/2009	House	Chief House Sponsor Rep. Kevin A. McCarthy
4/8/2009	House	First Reading
4/8/2009	House	Referred to Rules Committee
4/20/2009	House	Assigned to Executive Committee
5/8/2009	House	Committee/Final Action Deadline Extended-9(b) May 22, 2009
5/22/2009	House	Final Action Deadline Extended-9(b) May 29, 2009
5/29/2009	House	Final Action Deadline Extended-9(b) May 31, 2009
5/31/2009	House	Rule 19(a) / Re-referred to Rules Committee
10/8/2009	House	Final Action Deadline Extended-9(b) November 30, 2009
10/8/2009	House	Assigned to Executive Committee
10/14/2009	House	House Committee Amendment No. 1 Filed with Clerk by Executive Committee
10/14/2009	House	House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
10/14/2009	House	Do Pass as Amended / Short Debate Executive Committee; 008-000-001
10/14/2009	House	Placed on Calendar 2nd Reading - Short Debate
10/14/2009	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
10/14/2009	House	Second Reading - Short Debate
10/14/2009	House	Held on Calendar Order of Second Reading - Short Debate
10/15/2009	House	House Floor Amendment No. 2 Filed with Clerk by Rep. Kevin A. McCarthy
10/15/2009	House	House Floor Amendment No. 2 Referred to Rules Committee
10/15/2009	House	Added Alternate Chief Co-Sponsor Rep. Angelo Saviano
10/15/2009	House	Added Alternate Chief Co-Sponsor Rep. LaShawn K. Ford
10/15/2009	House	House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000
10/15/2009	House	Added Alternate Chief Co-Sponsor Rep. Robert Rita
10/15/2009	House	Added Alternate Chief Co-Sponsor Rep. Franco Coladipietro
10/15/2009	House	House Floor Amendment No. 2 Adopted by Voice Vote
10/15/2009	House	Placed on Calendar Order of 3rd Reading - Short Debate
10/15/2009	House	Third Reading - Short Debate - Passed 080-031-004
10/15/2009	Senate	Secretary's Desk - Concurrence House Amendment(s) 1, 2
10/15/2009	Senate	Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - October 16, 2009
10/16/2009	Senate	House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. William R. Haine
10/16/2009	Senate	House Committee Amendment No. 1 Motion to Concur Referred to Assignments
10/16/2009	Senate	House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. William R. Haine
10/16/2009	Senate	House Floor Amendment No. 2 Motion to Concur Referred to Assignments
10/22/2009	Senate	House Committee Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities
10/22/2009	Senate	House Floor Amendment No. 2 Motion to Concur Assignments Referred to Licensed Activities
10/28/2009	Senate	Added as Co-Sponsor Sen. Martin A. Sandoval
10/28/2009	Senate	House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities; 009-000-000
10/28/2009	Senate	House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Licensed Activities; 009-000-000
10/29/2009	Senate	House Committee Amendment No. 1 Senate Concurs 053-002-003
10/29/2009	Senate	House Floor Amendment No. 2 Senate Concurs 053-002-003
10/29/2009	Senate	Passed Both Houses
11/25/2009	Senate	Sent to the Governor
12/31/2009	Senate	Governor Approved
12/31/2009	Senate	Effective Date December 31, 2009; Generally
12/31/2009	Senate	Effective Date March 1, 2010; Some Parts
12/31/2009	Senate	Public Act . . . . . . . . . 96-0856

	Adds reference to:
	65 ILCS 5/11-20-7	from Ch. 24, par. 11-20-7