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ID S1206

Bill

Status

Passed

3/11/2014

Primary Sponsor

Commerce and Human Resources Committee

Click for details

Origin

Senate

2014 Regular Session

AI Summary

Senate Bill 1206 - Idaho Real Estate License Law

  • Removes references to "equivalent in available correspondence hours" from prelicense requirements, requiring applicants to complete specified classroom hours for salesperson (90 hours) and broker/associate broker (90 additional hours) licenses.

  • Revises continuing education requirements to require two (2) commission core courses plus twelve (12) classroom hours for active license renewal, with specific provisions for first-time renewals, inactive license activations, and designated broker/branch manager activations.

  • Modifies course provider certification requirements by adding a requirement that designated directors or persons in charge must attend commission-approved provider training within two (2) years immediately preceding designation.

  • Establishes that course provider certifications are valid for two (2) years and must be renewed with proof that the designated director attended commission-approved provider training within the past two (2) years.

  • Clarifies that civil penalties collected by the commission shall be deposited in the special real estate fund and expended exclusively for developing and delivering Idaho real estate education to benefit Idaho real estate licensees.

Legislative Description

Amends existing law relating to Idaho Real Estate License Law to revise definitions; to remove references to equivalent in available correspondence hours; to revise provisions relating to continuing education requirements; to revise provisions relating to certification of course providers; to revise provisions relating to a term of provider certification and renewal; and to revise provisions relating to the expenditure of certain civil penalties.

REAL ESTATE LICENSING

Last Action

Signed by Governor on 03/11/14 Session Law Chapter 42 Effective: 07/01/2014

3/11/2014

Committee Referrals

Business2/24/2014
Judiciary and Rules1/15/2014

Full Bill Text

No bill text available