MS SB2616

Reduces real estate broker license application fee from $150 to $100 and real estate salesperson license application fee from $120 to $100.

Repeals the reduced application fees for brokers and salespersons effective July 1, 2025.

Directs the State Fiscal Officer to transfer $120,000 from the Real Estate License Fund to the Real Estate Appraiser License Fund during fiscal year 2024.

Takes effect July 1, 2023.