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AR HB1504

Bill

Status

Passed

3/12/2015

Primary Sponsor

Laurie Rushing

Click for details

Origin

House of Representatives

90th General Assembly (2015 Regular)

AI Summary

  • Changes annual continuing education requirement for brokers and salespersons from a fixed 6 hours to a range of not less than 6 or more than 9 classroom hours, with distance education equivalents also acceptable.

  • Establishes a 30-hour maximum cap on total continuing education requirements for reactivating inactive licenses, calculated based on the number of inactive years.

  • Clarifies that persons with inactive licenses are not subject to continuing education requirements while their license remains inactive, except for reactivation purposes.

  • Grants the Arkansas Real Estate Commission authority to require between 6 and 9 classroom hours of continuing education and to designate specific topics of up to 3 hours that must be included in annual requirements.

  • Allows the commission to waive all or part of continuing education requirements if a licensee cannot complete them due to extenuating circumstances.

Legislative Description

Concerning Continuing Education Requirements For Real Estate Licensees.

Last Action

Notification that HB1504 is now Act 390

3/12/2015

Committee Referrals

Insurance & Commerce3/9/2015
Insurance and Commerce2/27/2015

Full Bill Text

No bill text available